I know that teachers aren’t getting much of it.
Who is funding the war against public education, teachers and labor unions?
Michael Dobie, an editorial writer at Long Island’s Newsday asked, “Who gets a 4 percent raise these days?” He was complaining about teacher pay—that teachers were paid too much.
In this post I will answer Dobie’s question.
Bill Gates, for one. In 2012, his net worth was estimated at $66 billion. In 2014, it was $80.7 Billion. That’s an increase of $14.7 Billion or 22.2% of what he was worth in 2012.
In addition, Think Progress.org reports that “From 1978 to 2011, CEO compensation increased more than 725 percent, a rise substantially greater than stock market growth and the painfully slow 5.7 percent growth in worker compensation over the same period.” Divide that 33 year period into 725 percent and the average increase of CEO pay was almost 22 percent annually, and Dobie was complaining in his Newsday OpEd piece…
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