Joe winning back blue collar

1) Yes, executive compensation has drastically outpaced worker compensation which is also a problem but you also have to keep in mind much of their compensation is paid in equity.
2) Shareholders have reaped the value of worker productivity as shown by numerous studies where compensation increases are trivial despite profits being significantly higher.
3) Dividends are not the only way to increase shareholder value. Share buybacks are at record levels.

 

FWIW, I thought Alex Sink was a far more qualified candidate and would win. Sadly, her lack of charisma and Scott's scare politics won out.

 

I don’t have a problem with him speaking up for union workers; that’s part of his platform, for better or worse. I have a problem with him using the platform and pulpit of the United States President to walk the picket line, sending a message that the United States government formally sides with the Union and finds the Company’s labor tactics not only to be unfair, but a danger to the United States. That, in my opinion, is wrong on multiple levels.

 

That’s not an explanation - just a generalized complaint. Politicians of all political philosophies pick sides based on their beliefs. This is no different other than you apparently have something against unions. I’m not sure why you find it so offensive for workers to band together to increase their leverage when companies use their leverage every single day.

And Biden hasn’t been 100% with the unions. He forced the railway workers to accept a deal they didn’t like.

 

I don’t have anything against unions, per se — there’s good and there’s bad. I have a problem with the President of the United States walking a picket line, particularly when there is no issue national security. It’s not just pandering and a ”look at me” move, it injects the official position of the United States that the corporations are wrong. I think the President should sit out a labor dispute that does nit directly involve the US as a nation.

 

Not at all. I’m saying it is inappropriate for the President of the United States to walk a picket line, injecting the Office of the Presidency into a specific negotiation. To me, at least, there is a mountain of difference between “supporting unions” and walking the picket line in a private dispute.

 

Said it previously in this thread, walking a picket line is a completely symbolic act with what Biden did being not that much different than Trump's visit to a non-union plant at the invitation of management. The way that presidents actually put their proverbial thumbs on the scale in union-management relations is through their appointments to the NLRB and presidents of both parties do it with Democratic presidents appointing pro-labor members to the Board and Republican appointing pro-management members.