Sirotablog

David Sirota is a political journalist and nationally syndicated newspaper columnist at Creators Syndicate. David writes about political corruption, globalization and working-class economic issues often ignored by both of America's political parties.

  • April 9, 2007 7:31 PM

    Retail execs hit paydirt while they shaft their workers

    Executives, economist and other corporate apologists often justify low wages at places like Wal-Mart by telling us that's just a fact of life in the retail industry, which we are led to believe subsists on tiny profit margins. That justification might hold some water, except when you read a story like this one in the New York Times about how executive pay in the retail industry is skyrocketing. It should be hard for these same executives to continue arguing that retail workers' wages should be low after a story like this - but rest assured, we'll keep hearing the propaganda as long as it creates political cover for CEOs to rip their employees off.


    Posted by David Sirota
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