Today, even as we ride a wave of pro-worker momentum, our economy remains badly out of balance. The CEO-to- worker pay ratio in 2016 was an obscene 347 to 1. Meanwhile, many corporations are shipping jobs overseas and stashing profits offshore to avoid paying taxes.
To add insult to injury, corporate-backed politicians continue to try to take away the freedoms unions have won for all of us.
Yet inequality is not inevitable. Our economy is nothing more than a set of rules. We can, and we must, elect leaders who will rewrite those rules so wages are high, benefits are strong, work is safe, retirement is secure and the freedom to negotiate is universal.
This Labor Day, as we celebrate the contributions of working families, let’s also pledge to do the hard work of transforming our economy so every single American can work for a better life.