Boeing Shows Why Squeezing Workers Is Reckless: Nir Kaissar

When Covid-19 brought the US economy to a standstill in the spring of 2020, America’s top executives called for a “national conversation” about the need for workers to return to work, warning of an “economic catastrophe” if they didn’t. I wrote at the time that a conversation we also needed to have was one about giving workers the security of a living wage. So, when I read the news that Boeing Co.’s machinists approved a new labor contract on Monday, locking in a hike of nearly 44% over four years, it was clear to me that the deal they struck was ...