The transfer of wealth from employees to shareholders and the squeeze on employees’ pocketbooks has left many employees homeless and many more in debt and struggling.
A ballot initiative in the City of Anaheim would force companies that
received municipal subsidies to pay a $15 minimum wage with an annual
raise of $1/hour until wages reach $18/hour, with inflation-adjusted
raises every year thereafter.
Disney is fighting the proposal tooth-and-nail. Bernie Sanders headlined
a rally in Anaheim in support of the measure yesterday, saying “I want
to hear the moral defense of a company that makes $9 billion in profits,
$400 million for their CEOs and have a 30-year worker going hungry.” He
was joined by veteran Disney employees who shamed the company with
statement like “Disney prides itself on making dreams come true..
Disney, where is my dream?”