#incomeinequality — Public Fediverse posts

Engineered inequality:
https://youtu.be/9c6aEd3s63Q?si=IiNrXYVyJfXyJ8I_
@PissedMagistus #PissedMagistus #illusionofscarcity #wealthandprivilege #incomeinequality #eattherich

Engineered inequality:
https://youtu.be/9c6aEd3s63Q?si=IiNrXYVyJfXyJ8I_
@PissedMagistus #PissedMagistus #illusionofscarcity #wealthandprivilege #incomeinequality #eattherich

Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

Surging gas prices are inflaming a longstanding economic divide in America, as households with lower incomes struggle to…
#NewsBeep #News #Economy #AU #Australia #Business #ConsumerBehavior #FederalReserveBankofNewYork #FederalReserveSystem #FeesandRates) #incomeinequality #Oil(Petroleum)andGasoline #Prices(Fares #UnitedStatesEconomy #UnitedStatesPoliticsandGovernment
https://www.newsbeep.com/au/654353/

Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

Surging gas prices are inflaming a longstanding economic divide in America, as households with lower incomes struggle to…
#NewsBeep #News #Economy #AU #Australia #Business #ConsumerBehavior #FederalReserveBankofNewYork #FederalReserveSystem #FeesandRates) #incomeinequality #Oil(Petroleum)andGasoline #Prices(Fares #UnitedStatesEconomy #UnitedStatesPoliticsandGovernment
https://www.newsbeep.com/au/654353/

Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

https://fed.brid.gy/r/https://www.nytimes.com/2026/05/06/business/economy/gas-prices-inequality-lower-income-consumers.html

Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

https://fed.brid.gy/r/https://www.nytimes.com/2026/05/06/business/economy/gas-prices-inequality-lower-income-consumers.html

https://www.europesays.com/people/57271/ ‘Tax the Rich’ proposals continue to ramp up: Democratic states leading the way #BernieSanders #DemocraticStates #IncomeInequality #Relocation #StateBudgets #TaxPolicy #TaxTheRich #WealthTax #ZohranMamdani

China’s ‘common prosperity’ push faces reality check as inequality rises: study

Chinese citizens are facing growing inequality in wages and wealth, con…
#NewsBeep #News #Economy #AU #Australia #Beijing #Business #China #Chinese #commonprosperity #economicgrowth #HouseholdIncome #incomeinequality #InstituteforCommonProsperityandDevelopment #LiShi #PekingUniversity #PresidentXiJinping #structuralreforms #WAGEINEQUALITY #wealthGinicoefficient #ZhejiangUniversity
https://www.newsbeep.com/au/649001/

https://www.europesays.com/people/55070/ Opinion | How Lauren Sánchez Bezos Inspired ‘The Devil Wears Prada 2’ #AlexanderMcQueenLtd #AmazonComInc #Anna #Bezos #CondeNastPublicationsInc #CostumeInstitute #FashionAndApparel #HighNetWorthIndividuals #IncomeInequality #JeffBezos #JeffreyP #Lauren(1969) #MetropolitanMuseumOfArt #sánchez #Wintour

https://www.europesays.com/people/54245/ Do Higher Taxes Drive the Rich Away? Mamdani’s Plan Revives the Question. #HighNetWorthIndividuals #IncomeInequality #IncomeTax #mamdani #NewYorkCity #taxation #Zohran #ZohranMamdani

https://www.europesays.com/people/43585/ A Wealth Tax Floated in California Has Billionaires Thinking of Leaving #BudgetsAndBudgeting #california #ComputersAndTheInternet #Gavin #HighNetWorthIndividuals #IncomeInequality #IncomeTax #Larry #LarryPage #newsom #page #PeterA #PoliticsAndGovernment #Referendums #RelocationOfBusiness #ServiceEmployeesInternationalUnion #thiel

New Taxes Helped Cool London’s Housing Market. Could That Happen in New York?

https://fed.brid.gy/r/https://www.nytimes.com/2026/04/25/nyregion/second-home-tax-london-ny.html

New Taxes Helped Cool London’s Housing Market. Could That Happen in New York?

https://fed.brid.gy/r/https://www.nytimes.com/2026/04/25/nyregion/second-home-tax-london-ny.html

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.html

Archived version:
https://archive.ph/4tAha

#IncomeInequality #WarOnIran #KillThePoor #EconomicFascism

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.html

Archived version:
https://archive.ph/4tAha

#IncomeInequality #WarOnIran #KillThePoor #EconomicFascism

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.html

Archived version:
https://archive.ph/4tAha

#IncomeInequality #WarOnIran #KillThePoor #EconomicFascism

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.html

Archived version:
https://archive.ph/4tAha

#IncomeInequality #WarOnIran #KillThePoor #EconomicFascism

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.html

Archived version:
https://archive.ph/4tAha

#IncomeInequality #WarOnIran #KillThePoor #EconomicFascism

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

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

Rich Nations’ Plastic Waste Is Burned for Fuel Abroad, Creating Grave Health Risks

https://web.brid.gy/r/https://www.motherjones.com/environment/2026/04/rich-nations-plastic-waste-burning-fuel-health-risk-toxic/

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.

https://www.oregonlive.com/politics/2026/01/oregon-tried-giving-homeless-youth-1000-a-month-with-no-strings-attached-heres-what-happened.html

#givedirectly #homelessness #oregon #cashtransfers #empathy #incomeinequality #unitedstates

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.

https://www.oregonlive.com/politics/2026/01/oregon-tried-giving-homeless-youth-1000-a-month-with-no-strings-attached-heres-what-happened.html

#givedirectly #homelessness #oregon #cashtransfers #empathy #incomeinequality #unitedstates

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.

https://www.oregonlive.com/politics/2026/01/oregon-tried-giving-homeless-youth-1000-a-month-with-no-strings-attached-heres-what-happened.html

#givedirectly #homelessness #oregon #cashtransfers #empathy #incomeinequality #unitedstates

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.

https://www.oregonlive.com/politics/2026/01/oregon-tried-giving-homeless-youth-1000-a-month-with-no-strings-attached-heres-what-happened.html

#givedirectly #homelessness #oregon #cashtransfers #empathy #incomeinequality #unitedstates

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.

https://www.oregonlive.com/politics/2026/01/oregon-tried-giving-homeless-youth-1000-a-month-with-no-strings-attached-heres-what-happened.html

#givedirectly #homelessness #oregon #cashtransfers #empathy #incomeinequality #unitedstates

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

#eattherich #epsteinclass #trumpsteinclass #allpowertothepeople #nopowertothepigs #wealthinequality #incomeinequality #rememberthebastille #uspol #uspolitics #billionaires #wealthandprivilege #wealthredistribution #unionize #workersrights #jobsafety #workplacesafety #medicare #medicaid #healthinsurance #bankruptcy #eattherich #unitedhealthcare

#eattherich #epsteinclass #trumpsteinclass #allpowertothepeople #nopowertothepigs #wealthinequality #incomeinequality #rememberthebastille #uspol #uspolitics #billionaires #wealthandprivilege #wealthredistribution #unionize #workersrights #jobsafety #workplacesafety #medicare #medicaid #healthinsurance #bankruptcy #eattherich #unitedhealthcare

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

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.

#Intuit #TurboTax #IncomeInequality

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.

#Intuit #TurboTax #IncomeInequality

How Airlines Turned First-Class Seats From Freebies to a Profit Engine

https://fed.brid.gy/r/https://www.nytimes.com/2026/04/10/business/airlines-first-class-seats-tickets-upgrades.html

How Airlines Turned First-Class Seats From Freebies to a Profit Engine

https://fed.brid.gy/r/https://www.nytimes.com/2026/04/10/business/airlines-first-class-seats-tickets-upgrades.html

Tracking 7 of Mamdani’s Biggest Campaign Promises

https://fed.brid.gy/r/https://www.nytimes.com/2026/04/10/nyregion/mamdani-campaign-promises.html

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-271912

PS: 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.

#Economics #Income #IncomeInequality #Poverty

5 Takeaways on America’s Boom in Billionaires

https://fed.brid.gy/r/https://www.nytimes.com/2026/03/02/us/billionaire-boom-takeaways.html

Teaching Kids to Read: How One School District Gets It Right

https://web.brid.gy/r/https://www.motherjones.com/politics/2026/02/sold-a-story-steubenville-ohio-reading-2026/

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

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

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

https://www.europesays.com/ie/334183/ New stats on wealth, income and social mobility should spark national debate on inequality: Observers #AnnualHouseholdIncome #AssociateProfessorTheseira #Business #ChristopherGee #Economy #Éire #IE #IncomeInequality #inequality #Ireland #NationalConversation #Singapore #SingaporeUniversity #Singaporeans #SocialMobility #WealthInequality

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

Notion of delaying retirement may overlook worker realities

Listen to this article The Blueprint Mehmet Oz argues working one more year could add trillions to the…
#NewsBeep #News #Personalfinance #agingworkforce #Business #cms #Finance #incomeinequality #laborforce #MehmetOz #PersonalFinance #publicpolicy #Retirementage #SocialSecurity #U.S.Economy #UK #UnitedKingdom
https://www.newsbeep.com/uk/419469/

Trump’s SNAP Rules Are About to Imperil Food Access for Millions

https://web.brid.gy/r/https://www.motherjones.com/politics/2026/01/trumps-snap-rules-are-about-to-imperil-food-access-for-millions/

Trump’s SNAP Rules Are About to Imperil Food Access for Millions

https://murica.website/2026/01/trumps-snap-rules-are-about-to-imperil-food-access-for-millions/