Saturday, January 04, 2014

"Oh, and Its CEO Jim McNerny’s Total Compensation Is Somewhere North of $20 Million"

"But to really address the underlying trends will also mean taking on the more fundamental forces that lead to an outcome like we just saw in the Puget Sound: strengthening labor laws and unions in right-to-work states to weaken employers' race-to-the-bottom threats to move south; raising taxes on upper incomes and capital gains to slightly rebalance the equation between the McNernys of the world and their flush investors on the one hand and their overmatched workers on the other; and, perhaps most difficult of all, changing the norms for acceptable behavior by corporate titans, even if they've been named to the presidential exports council."

Alec MacGillis at The New Republic reacts to the union vote at Boeing near Seattle.

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