#income-inequality — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #income-inequality, aggregated by home.social.
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Hoarding Is Driving Energy Prices Higher Everywhere
As #WealthyNations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
by Peter Goodman, April 22, 2026
"In economics textbooks, higher energy prices from the war in the Middle East display the power of the markets to efficiently decide who gets what. Yet in the real world, a cruder sort of power appears at work.
"The conflict has severely constricted the supply of oil from the Persian Gulf. Countries with the financial means — China, Japan, Europe, the United States — are securing much of what they need, paying whatever it takes. Some are restricting exports to hold on to what they have.
"That has pushed prices higher everywhere. At the same time, shortages threaten less affluent nations in Asia, sub-Saharan Africa and Latin America.
Some economists are describing this as hoarding."Read more:
https://www.nytimes.com/2026/04/22/business/iran-war-oil-hoarding.htmlArchived version:
https://archive.ph/4tAha -
Experts warn AI could widen the wealth gap and wipe out entry-level jobs, hitting low-skill workers hardest while boosting top earners. https://jpmellojr.blogspot.com/2026/04/ai-investment-could-widen-income.html #AI #IncomeInequality #FutureOfWork #WealthGap
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Trump’s domestic agenda isn’t even “Let them eat cake.” It’s actually “Watch US eat cake.” (Matthew Bartlett on MSNBC) Gold ballroom, triumphal arch, tax breaks for the Epstein class, and $51 billion (so far) on a war nobody wanted…
#Trump #economy #affordability #democraticsocialism #incomeinequality #oligarchy #epsteinclass #MAGA
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Rich Nations’ Plastic Waste Is Burned for Fuel Abroad, Creating Grave Health Risks
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Americans have never been this gloomy about the economy. Wall Street has never cashed in more
The S&P 500 punched through 7,000 to a fresh all-time high. Goldman Sachs posted its second-highest quarterly revenue…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #donaldtrump #gasprices #IncomeInequality #insidertrading #iran #MorganStanley #s&p500 #techstocks #Trading #wallstreet #war
https://www.newsbeep.com/us/588948/ -
Great read. Direct cash transfers make SUCH a positive difference. I’ve been donating to GiveDirectly who offers the same thing for impoverished areas abroad and the tangible improvements to peoples’ lives are incredible. Please consider donating to GiveDirectly or similar if you have the means.
#givedirectly #homelessness #oregon #cashtransfers #empathy #incomeinequality #unitedstates
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Continuing on from my food desert posts, I wanted to highlight the counties of Arkansas experiencing the highest levels of poverty compared to more central areas like Pulaski County (where Little Rock is).
#GIS #dataanalysis #incomeinequality #QGIS #arkansas #unitedstates #unitedstatesofamerica #data #education #advocacy #maps #cartography #southernus #southernusa #datavisualization
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#eattherich #epsteinclass #trumpsteinclass #allpowertothepeople #nopowertothepigs #wealthinequality #incomeinequality #rememberthebastille #uspol #uspolitics #billionaires #wealthandprivilege #wealthredistribution #unionize #workersrights #jobsafety #workplacesafety #medicare #medicaid #healthinsurance #bankruptcy #eattherich #unitedhealthcare
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Bezos - a vile human being:
https://youtu.be/nKOncH9a2Wc?si=_btyMEEBIbGUHgVb
#amazon #laurensanchez #jeffbezos #bezos #eattherich #epsteinclass #trumpsteinclass #allpowertothepeople #nopowertothepigs #wealthinequality #incomeinequality #rememberthebastille #uspol #uspolitics #billionaires #wealthandprivilege #wealthredistribution #unionize #workersrights #jobsafety #workplacesafety #allpowertothepeople #nopowertothepigs -
One can only hope she goes out choking on such filthy wealth:
#amazon #laurensanchez #jeffbezos #bezos #eattherich #epsteinclass #trumpsteinclass #allpowertothepeople #nopowertothepigs #wealthinequality #incomeinequality #rememberthebastille #uspol #uspolitics #billionaires #wealthandprivilege #wealthredistribution -
After I retired last year, I joined a social‑support program. Once a week, I talk with a woman who works as a waitress in Appalachia. She told me she’s expecting a $300 tax refund — but she’s facing a problem.
She also worked as a driver for Grubhub and Uber, which means she has legitimate business expenses (gas, insurance, etc.). But when she tries to enter those expenses, TurboTax tells her she must upgrade for $150. That upgrade would wipe out half of her refund.
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Under Iran fire, Israel’s basic cost-of-living gaps run deeper than income data suggests
A man standing at a vegtable stand at the Mahane Yehuda market in Jerusalem, January 24, 2018. (photo…
#NewsBeep #News #BreakingNews #BankofIsrael #breakingnews #disposableincome #incomegroup #incomegroups #incomeinequality #Iran #Israel #NIS #reportedincome #ShoreshInstitution
https://www.newsbeep.com/449542/ -
New from Oxford economist #OlivierSterck: "Measuring poverty on a spectrum instead of an arbitrary line conveys a more accurate picture of inequality."
https://theconversation.com/measuring-poverty-on-a-spectrum-instead-of-an-arbitrary-line-conveys-a-more-accurate-picture-of-inequality-271912PS: I find this take on poverty very illuminating. Instead of measuring poverty by incomes (dollars per year), we should measure it by the time it takes to earn $1 (years per dollar). The classical measure allows a small number of very rich people to pull up the average income, and makes widespread poverty seem to be a minor problem. Sterck's new measure allows a large number of struggling people to pull up the average time needed to earn money, and makes a necessary correction to our understanding. The classical measure gives more voice or weight to the rich, when they're very rich, while Sterck's gives more to the poor, when they're very numerous. This helps us see two things otherwise invisible: widespread poverty hidden by average wealth, and the role of income inequality in hiding that poverty.
While the average income is higher or better in the US than in Europe, the average time needed to earn $1 is significantly longer or worse in the US. This kind of poverty exists alongside that high average income. We need to bring in severe income inequality to explain this, and of course income inequality is significantly higher in the US than Europe.
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Teaching Kids to Read: How One School District Gets It Right
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We can respond to #IncomeInequality by committing to #simplicity & supporting those who have less, becoming involved, according to our gifts & resources, in bringing forth a #NewEconomicSystem that works for everyone on the planet—not just all two-legged ones but #allbeings. bit.ly/4k1KUr6
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Economic shocker! Nearly 70 million people in Pakistan live in extreme poverty https://english.mathrubhumi.com/news/world/people-pakistan-living-extreme-poverty-income-rl9suivf?utm_source=dlvr.it&utm_medium=mastodon #Pakistan #Poverty #IncomeInequality #AsiaNews #EconomicCrisis
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NOW ON VERDANT SQUARE RADIO ==
NOW PLAYING == Sen. Bernie Sanders LIVE from Los Angeles: Billionaire Tax Now https://www.youtube.com/watch?v=OPF6DwZi1jU #news #live #breakingnews #politics #democraticsocialism #commentary #uspol #Bernie Sanders #incomeinequality #vsn #radio #DiverseSpectrumOfTheLeft #SupportIndependentMedia
https://mastodon.social/@VerdantSquareRadio/116095111405118563
#news #arts #left #commentary #radio #publicradio #community #progressive #green #kyndmix #vsn
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Profits increased a lot for big corporations after the covid pandemic. It looks like Biden and Trump failed to combat the increasing income inequality in the United States.
#corporategreed
#fuckbiden
#fucktrump
#jailbiden
#jailtrump
#incomeinequality
#fuckbillionaires -
Trump’s SNAP Rules Are About to Imperil Food Access for Millions
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Trump’s SNAP Rules Are About to Imperil Food Access for Millions
Veterans, people aging out of foster care, and parents of teenagers are just a few of the groups who will face dire consequences from new work requirements for people receiving Supplemental Nutrition Assistance Program, or SNAP, on Sunday, February 1. Expected to impact millions of Americans and cause around two million recipients to stop receiving […]https://murica.website/2026/01/trumps-snap-rules-are-about-to-imperil-food-access-for-millions/
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"U.S. labor’s share of income fell to a record low in a dataset stretching back nearly eight decades." https://www.pimco.com/gbl/en/insights/why-us-productivity-gains-no-longer-reach-workers #IncomeInequality #artificialintelligence #globalization
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The best piece of #journalism I’ve read this year.
The story captures the difficulties of the middle class experience across America and other western democracies.
For those that care to look, many folks are teetering on the edge of profound economic shift in their lives. Others have fallen in the abyss.
#USPol #Economics #IncomeInequality
https://open.substack.com/pub/stevescherer/p/my-journey-from-foreign-correspondent