I have been following the news concerning the autoworker strike. The employers say that they can’t afford to pay more, and that may or may not be true. I don’t know enough about the finances of the companies. But I do know that management is setting the precedent for outrageous greed with the pay of the CEOs. The General Motors CEO earned $23 million and the Ford CEO got $21 million. I don’t know how they can claim that they can’t afford to pay more with those salaries. If they want the workers to sacrifice, then they should start at the top and set a precedent of reasonable pay. There should be a reasonable relationship between the pay of the CEO and the journey level workers.
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