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Saturday, May 2, 2026

The Need to Reform American Labor Laws - CounterPunch

June 21, 2023

We are living in a moment where corporate America and the 1% have more economic and political power than they have ever had in the history of our country. The time is long overdue for Congress to stand up for the working families of our country, 60% of whom live paycheck to paycheck, and not just wealthy campaign contributors and lobbyists.

Let’s be clear: The American people are sick and tired of the unprecedented corporate greed and illegal union busting that is taking place throughout this country.

They are sick and tired of CEOs making nearly 400 times more than the average worker, billions in stock buybacks going to the people on top, while millions of workers struggle to put food on the table and pay the rent.

They are sick and tired of 3 people in America owning more wealth than the bottom half of our society – 165 million people, while some 18 million families are paying over 50 percent of their limited incomes on housing and some 600,000 Americans are homeless.

American workers want to know why it is that, despite huge advancements in technology and worker productivity, the average worker in America today makes about $50 a week less than he or she made 50 years ago after adjusting for inflation.

And there are a number of reasons for that.

The fact that the federal minimum wage has been stuck at a starvation wage of $7.25 an hour for 14 years and has lost nearly 30 percent of its purchasing power is one such reason. That is why we need to raise the...



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