Mayah Frank

Equality for all. Period.

[Forest Grove Fire @ForestGroveFire]

Our mistake, this is actually the Game Hog Creek Fire #gamehogcreekfire

[Dan Price @DanPriceSeattle]

31. Stock for the parent company of Ann Taylor, Loft and Lane Bryant is down 75% in a year. It closed all 2,800 stores.

So what did it do? Gave executives $5.5 million in bonuses, including over $2 million to the CEO

https://t.co/QkdGFITZUC

[Dan Price @DanPriceSeattle]

30. CEOs justify huge pay by saying they're worth it. But there's no correlation between profit and CEO pay at 61% of corporations

Since 1990
Stock market: up 300%
CEO pay: up 550%

Take it from a CEO who slashed his pay: it's about greed, not performance
https://t.co/DWOkBVp38P

[Dan Price @DanPriceSeattle]

29. Macy's
Its stock was down 60% in a year and they cut 3,900 jobs. So what did it do? Gave its CEO a $3.7 million bonus, and gave about $1 million each to five other execs
https://t.co/AehL3ISBG0

[Dan Price @DanPriceSeattle]

28. Walmart
*Stock is at record high, up 23% in a year
*The Waltons have gotten over $20 billion richer in the pandemic
*Its online sales are up 74%. Its market share has grown
*... it cut hundreds of corporate jobs
https://t.co/smo1pbkbLD

[Dan Price @DanPriceSeattle]

27. Deere
Construction sales are down 25%. Yet it is posting a $2.25 billion profit as it cuts thousands of jobs.

The result: Its stock grew 23% in a year to a record high. In the week after it announced job cuts, its stock grew 9%.
https://t.co/vP1tlQfGC5

[Dan Price @DanPriceSeattle]

26. 1948-1979
Worker productivity: up 108%
Stock market: up 603%
Worker pay: up 93%

Since then
Worker productivity: up 70%
Stock market: up 2,200%
Worker pay: up 12%

Corporations and workers used to get richer together. Now companies just keep the money
https://t.co/wlvfrOIUj0

[Dan Price @DanPriceSeattle]

25. Black and Latino Americans make up about 32% of the population.

Black and Latino Americans own 1.7% of all stock value

https://t.co/KE36wpLQMe

[Dan Price @DanPriceSeattle]

24. Wells Fargo made $10 billion in staff cuts, meaning tens of thousands of employees lost their jobs.

Wells Fargo also made a $2 billion profit.

Wells Fargo also did $24 billion in stock buybacks last year and paid its CEO $36 million.
https://t.co/T17OhtgMQT

[Dan Price @DanPriceSeattle]

23. MGM
Laid off 18,000 people while giving its CEO $700,000 in stock. The value of the stock doubled to $1.4 million after the stock went up, partly because of increased profitability due to the layoffs.
https://t.co/4SUUng1mUK

[Dan Price @DanPriceSeattle]

22. 84% of stock market value is owned by richest 10%

"but what about 401(k)s"

Half of Americans don't have one
The average 401(k) balance has *declined* $5,000 in 6 years after inflation, because employers put in less & people can't afford contributions
https://t.co/kP0qejIEFv

[Dan Price @DanPriceSeattle]

21. $3 billion: what Jeff Bezos cashed out in stock in one day, as Amazon profits tripled in the pandemic.

$2.1 billion: cost to give all Amazon warehouse workers 2 weeks paid sick leave and a year of hero pay (they got none of either now)
https://t.co/Teo90BVm1H

[Dan Price @DanPriceSeattle]

19. AT&T
2018-2019: bought Time Warner for $100 billion, cut 29,000 jobs
May: gave departing CEO $64 million pension ($274k/month for life), laid off 4,700 more workers
August: laid off 600 more workers
Now: laid off thousands more - news sent stock up 2%
https://t.co/tcA02BL4Ha

[Dan Price @DanPriceSeattle]

18. Average stock gains over 10 years
CEOs with above-average pay: stock up 160%
CEOs with below-average pay: stock up 280%

And yet CEOs are rewarded whether the stock goes up or down.
https://t.co/OcNevE47fl

[Dan Price @DanPriceSeattle]

17. Uber + Lyft spent $200 million on November election ads to convince Californians they shouldn't pay drivers minimum wage or benefits.

In the two weeks after it passed, Uber stock went up 39% and Lyft stock soared 52%.

In return, all drivers were denied basic benefits.

[Dan Price @DanPriceSeattle]

16. On one day in November:
*The stock market hit 30,000 for the first time
*Elon Musk became first person to gain $100 billion in a year
*A Census report revealed 6 million people face imminent eviction

[Dan Price @DanPriceSeattle]

15. In November alone, the average member of the top 10% gained an average of $200,000 from the stock market while 7 million people plunged into poverty.

https://t.co/WkG8AzlT6d

[Dan Price @DanPriceSeattle]

14. Salesforce

In the last five years, Salesforce has bought 27 companies for tens of billions of dollars.

It just bought Slack for $27.7 billion.

Its stock is at record high, up 23% in the past year after revenue surged 29%.

And it just laid off 1,000 people.

[Dan Price @DanPriceSeattle]

13. In the pandemic, total stock value has grown by $16.6 trillion.

$8.3 trillion of that went to the richest 1%, and they pay a lower tax rate than those who are unemployed and need help.

[Dan Price @DanPriceSeattle]

12. Disney stock is up 21% in the past year to a new record high. In recent months they laid off 32,000 people.

One of our employees lives near Disney World. Recently there was a line of cars outside his house for a drive-thru food bank 7.5 miles away.
https://t.co/EUVAJmc474