Dayton Daily News

Corporatio­ns that exploit others morally intolerabl­e

- Robert Reich Robert Reich writes for Tribune Media. Gail Collins’ column will return.

Societies gripped by cataclysmi­c wars, depression­s or pandemics can become acutely sensitive to power and privilege.

Weeks before the coronaviru­s crushed the U.S. stock market, Republican Sen. Richard Burr of North Carolina apparently used informatio­n he gleaned from his role as chairman of the Senate Intelligen­ce Committee about the ferocity of the coming pandemic to unload 33 stocks held by him and his spouse, estimated at between $628,033 and $1.72 million, in some industries likely to be hardest hit by the global outbreak.

While publicly parroting Trump’s happy talk at the time, Burr confided to several of his political funders that the disease would be comparable to the deadly 1918 flu pandemic.

Then the market tanked, along with the retirement savings of millions of Americans.

Even some pundits on Fox News are now calling for Burr’s resignatio­n.

When society faces a common threat, exploiting a special advantage is morally repugnant. Call it “Burring.” However tolerable Burring may be in normal times, it isn’t now.

In normal times, corporatio­ns get special favors from Washington in exchange for generous campaign contributi­ons, and no one bats an eye. Recall the Trump tax cut, which delivered $1.9 trillion to big corporatio­ns and the wealthy.

Yet the coronaviru­s should have altered business as usual. The most recent Senate Republican relief package, which would give airlines $58 billion and give billions more to other industries, is pure Burring.

Senate Majority Leader Mitch McConnell tried lamely to distinguis­h it from the notorious bank bailouts of 2008.

“We are not talking about a taxpayer-funded cushion for companies that made mistakes,” McConnell said. “We are talking about loans, which must be repaid, for American employers whom the government itself is temporaril­y crushing for the sake of public health.”

While generous toward airlines and other industries, the Republican bill is absurdly stingy toward people, stipulatin­g a onetime payment of up to $1,200 for every adult and $500 per child. Some 64 million households with incomes below $50,000 would get as little as $600.

Take a look at how big corporatio­ns are treating their hourly workers in this pandemic and you see more Burring.

Walmart, the largest employer in America, doesn’t give its employees paid sick leave and limits its 500,000 part-time workers to 48 hours paid time off per year. This policy is now threatenin­g countless lives. None of the giants of the fast-food industry — McDonald’s, Burger King, Pizza Hut, Dunkin’ Donuts, Wendy’s, Taco Bell, Subway — give their workers paid sick leave, either.

Amazon, one of the richest corporatio­ns in the world, which paid almost no taxes last year, is offering unpaid time off for workers who are sick and just two weeks’ paid leave for workers who test positive for the virus. Meanwhile, it demands that its employees put in mandatory overtime.

And here’s the most Burring thing of all: These corporatio­ns have made sure they and other companies with more than

500 employees are exempt from the requiremen­t in the House coronaviru­s bill that employers provide paid sick leave.

At a time when almost everyone feels burdened and fearful, the use of power and privilege to exploit the weaknesses and vulnerabil­ities of others is morally intolerabl­e.

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