To the editor:
Americans want financial security for themselves and their loved ones. But the pandemic exposed weaknesses in our supply chains, driving up prices that remain high, pinching our family budgets. The Biden administration’s economic policies aim to grow the economy from the bottom-up, many still struggle. Why?
Corporate greed bears much responsibility.
Even as economic indicators improve, working families feel left behind. Corporate executives grant themselves eye-popping salary packages and bonuses, disconnected from the workers who create company profits. This dissatisfaction has boiled over into strikes across industries as employees demand better pay and treatment.
These actions have achieved results – companies have voluntarily raised wages to retain talent, benefiting both workers and communities. The idea that tax cuts for billionaires trickles down to hardworking families like ours in Leelanau County just doesn’t work. But higher incomes for ordinary workers definitely gets spent at local businesses and most everyone benefits.
Workers are the backbone of a company’s success. They deserve wages that reflect their essential contributions. The recent strikes and wage increases show progress, but more work remains to ensure prosperity gets shared equitably. Strong families and communities start with financial security and stability. This isn’t socialism or communism—just fair policies that fairly recognize workers, not just enrich those already at the top.
V. Gutowski Elmwood Township