“Profits at the struck auto companies increased 92% from 2013 to 2022, totaling $250 billion, according to EPI.”
Mary Barra took home nearly $29 million last year. Lower-tier workers hired after 2007 top out at $17 an hour. Autoworkers’ real hourly earnings have fallen 19.3% since 2008, while CEO pay at the Big Three grew 40% in a decade. The 40% demand only sounds outrageous until you notice the CEOs already got it.