Real wages for working people (adjusted for inflation) have stagnated over the past 40 years. As CWA members, we've done better than that, but like all working families, we're up against the greed of Wall Street and the 1 percent. It's the financialization of our economy, and it's bad for working families and bad for our communities.
Workers' wages and productivity used to rise together. Since 1973, the gains from worker productivity started going, mainly into the pockets of company CEOs and Wall Street investors.