AFL-CIO: CEO Greed is causing inflation

[ck4829]

Wall Street elites blame workers and low unemployment for causing inflation. They say it’s because our wages are rising.

But in 2021, S&P 500 companies’ CEOs’ pay rose 18.2 percent on average. Workers’ wages rose only 4.7 percent.

CEOs, not workers, cause inflation. It’s “greedflation.”

Corporations are increasing prices to boost profits and create windfall payouts for CEOs. In 2021, CEOs of S&P 500 companies received, on average, $18.3 million in total compensation.

https://labortribune.com/afl-cio-ceo-greed-is-causing-inflation/

[2naSalit]

1. K&R