The fact that so many Americans are facing dire circumstances now is a direct result of the exploitation economy and we should take this opportunity to change it.
The massive stimulus package moving through Congress rightly gives high priority to protections for workers and struggling families.
But the conditions that the bailout bill places on the corporations that receive aid also remain critically important. Taxpayers should not have to subsidize massive paychecks for top executives to gain relief for working people.
Unfortunately, the compromise deal passed by the Senate doesn’t come close to protecting taxpayers from having to subsidize excessive CEO pay.
Read the full commentary on MarketWatch.