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#wealthgap — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #wealthgap, aggregated by home.social.

  1. The SNAP cuts come at a time of growing wealth inequality in the U.S. The richest households have seen their wealth balloon in recent years from investment gains, while lower-income households have seen their wage growth slow, their job prospects weaken and their costs continue to rise. Now, the divide between the rich and poor in America is the widest it has been in at least a generation — and growing, according to Federal Reserve figures.

    #WealthInequality #WealthGap

  2. Yep, it's a #FireHoseUp, not a #TrickleDown #Economy.

    What's wrong with a huge #WealthGap? Let me count the ways.(Cont)

    The CEOs fighting the CEO tax have the widest pay gaps in S.F.
    missionlocal.org/2026/05/sf-ce

  3. Or is it a firehouse streaming up?

    "The analysis also found billionaires were paid $2,500 a second in dividends in 2025, according to the investment portfolios of more than 1,000 billionaires. For every two hours in the 2025, the average billionaire received more in dividends than the average worker earned in annual pay."

    #WealthGap #Greed #Unearned

  4. Racism Is Costing America Everything: Caller Exposes the Economic Truth

    A caller exposes how racism drains resources, divides workers, and keeps Americans struggling while elites benefit from economic inequality.

    #capitalism #EconomicInequality #EconomicJustice #ProgressivePolitics #racism #socialJustice #systemicRacism #USEconomy #WealthGap #workingClass wp.me/p1OjMZ-oT1
  5. Racism Is Costing America Everything: Caller Exposes the Economic Truth

    A caller exposes how racism drains resources, divides workers, and keeps Americans struggling while elites benefit from economic inequality.

    #capitalism #EconomicInequality #EconomicJustice #ProgressivePolitics #racism #socialJustice #systemicRacism #USEconomy #WealthGap #workingClass wp.me/p1OjMZ-oT1
  6. Racism Is Costing America Everything: Caller Exposes the Economic Truth

    A caller exposes how racism drains resources, divides workers, and keeps Americans struggling while elites benefit from economic inequality.

    #capitalism #EconomicInequality #EconomicJustice #ProgressivePolitics #racism #socialJustice #systemicRacism #USEconomy #WealthGap #workingClass wp.me/p1OjMZ-oT1
  7. Racism Is Costing America Everything: Caller Exposes the Economic Truth

    A caller exposes how racism drains resources, divides workers, and keeps Americans struggling while elites benefit from economic inequality.

    #capitalism #EconomicInequality #EconomicJustice #ProgressivePolitics #racism #socialJustice #systemicRacism #USEconomy #WealthGap #workingClass wp.me/p1OjMZ-oT1
  8. Racism Is Costing America Everything: Caller Exposes the Economic Truth

    A caller exposes how racism drains resources, divides workers, and keeps Americans struggling while elites benefit from economic inequality.

    #capitalism #EconomicInequality #EconomicJustice #ProgressivePolitics #racism #socialJustice #systemicRacism #USEconomy #WealthGap #workingClass wp.me/p1OjMZ-oT1
  9. UnitedHealth Group’s earnings were flat, reflecting difficulties w/rising medical costs, government scrutiny & sustained belief they're lying killers making money off preventable deaths of customers. Former CEO Brian Thompson could not be reached for comment. #satire #USpol #WealthGap #health

  10. UnitedHealth Group’s earnings were relatively flat year over year, reflecting difficulties with rising medical costs, government scrutiny and the sustained general public belief they are lying killers making money off the preventable deaths of their customers. Their former CEO Brian Thompson could not be reached for comment.

    nytimes.com/2026/04/21/busines

    #satire #USpol #WealthGap #health

  11. Amazon got caught price-fixing with Levi’s, Home Depot, Walmart and others. When reached for comment, Jeff Bezos said, “whatever, poors, keep buying my shit: I’m wanna go to space!” The good news is: pitchfork sales are about to skyrocket. #satire #USpol #WealthGap

  12. Amazon got caught price-fixing with Levi’s, Home Depot, Walmart and others. When reached for comment, Jeff Bezos said, “whatever, poors, keep buying my shit: I’m wanna go to space!” The good news is: pitchfork sales are about to skyrocket.

    #satire #USpol #WealthGap

  13. Experts warn AI could widen the wealth gap and wipe out entry-level jobs, hitting low-skill workers hardest while boosting top earners. jpmellojr.blogspot.com/2026/04 #AI #IncomeInequality #FutureOfWork #WealthGap

  14. bing news | AI boom risks widening wealth divide, says BlackRock’s Larry Fink

    Larry Fink, chief executive of BlackRock, warned in his annual letter to investors that the rapid expansion of artificial‑intelligence technology could intensify the existing wealth gap. He noted that, as with past transformative innovations, the majority of the new value tends to flow to those who already own financial assets, and that AI “threatens to repeat that pattern at an even larger scale.” The CEO stressed that while the creation of economic value is inevitable, the critical question is who actually participates in those gains.

    Fink highlighted that firms possessing massive data sets, robust infrastructure and ample funding to deploy AI at scale—such as chip‑maker Nvidia, now valued at over $4 trillion—are poised to reap disproportionate benefits. This concentration of advantage, he argued, could widen the gulf between rich and poor, especially as AI becomes a central element of strategic competition between global powers. He also flagged growing worries about an AI investment bubble, noting recent central‑bank cautions and heightened scrutiny of multibillion‑dollar deals that could expose the sector to correction.

    Rather than presenting a concrete policy fix, Fink urged a broader shift of wealth creation into capital markets. He suggested that more individuals should invest in stocks instead of relying solely on home ownership, which has become less affordable due to rising prices, stricter lending, and high ongoing costs. By bringing a larger share of the population into the financial markets, Fink believes people can share in the growth generated by AI, helping to mitigate the sense that prosperity is drifting away from ordinary citizens.

    Read more: theguardian.com/technology/202

    #blackrock #larryfink #ai #wealthgap #financialmarkets

  15. Supercharged inequality: rich investors stifle budget. The current housing crisis isn’t a market failure—it’s the system working exactly as intended for those at the top. While wealthy investors use tax concessions like negative gearing to treat shelter as a high-yield asset, millions of people are being locked out of the basic right to a home. We need a fundamental shift that prioritizes people over portfolios and ends the policies that supercharge inequality.

    ​#housingjustice #auspol #wealthgap #fairhousing

    au.finance.yahoo.com/news/supe

  16. I’ve raised this concern here before, because the distortions that already exist among Boomers are only going to get magnified in the generations that inherit their wealth (or don’t).

    Those who don’t own their own home won’t be passing it on. So those living in social housing - many of whom are or were single mothers or disabled.

    Those who require extensive care towards the end of their lives, may have already sold their homes to pay for it.

    The existing #wealthgap will be given steroids.

  17. “Yes, there is intergenerational inequality in property ownership. But one day the boomers will die, and then their children will inherit their wealth, much of it property-based. It’s already begun to happen, and it’s being called “the largest intergenerational transfer of wealth ever…and will amount to something in the region of £4 trillion”

    This he rightly acknowledges will create a “gap between people who inherit property wealth from their parents and people who don’t”.

    #WealthGap

  18. #GiftArticle

    Meet the #Trump admin’s 12 — yes, that’s correct — TWELVE #billionaires

    At a net worth of $390.6 billion—not including Trump—as of March, it’s the wealthiest White House in history.

    While previous admins have included the ultrarich, the #wealth held by this group is larger than even the first Trump admin, previously the wealthiest in US history.

    #BillionaireNation #plutocracy #aristocracy #elite #swamp #OutOfTouch #WealthGap #affordability #CostOfLiving
    wapo.st/48OTPra

  19. Visualising the world’s wealthiest people…versus the world’s poorest.

    This gives a scale of gaping chasm that exists between the very richest and poorest and has only got considerably worse in my lifetime (as I approach my mid to late 40’s).

    But we now know we could round them up in a medium sized stadium…if only.

    #Inequality
    #WealthGap
    #EatTheRich

    theguardian.com/news/2025/dec/

  20. The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

    #law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

  21. The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

    #law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

  22. The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

    #law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

  23. The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

    #law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

  24. The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

    #law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

  25. It’s now almost impossible to work your way to riches, says report into growing wealth gap

    Britain’s wealth gap is growing and it’s now practically impossible for a typical worker to save enough to…
    #NewsBeep #News #Personalfinance #AU #Australia #britain #Business #Finance #householdwealth #PersonalFinance #ResolutionFoundation #wealthgap #wealthtax
    newsbeep.com/au/200213/

  26. 🎩 Ah, the riveting thesis that poverty is a magnet for perverts! 🤦‍♂️ Who knew a plank with nails was the real hero of the story? 🙄 In a twist of “socio-economic insight,” we discover that the wealthy only have champagne problems while the rest fend off creeps with medieval weaponry. 🍾🔨
    peaked.substack.com/p/you-meet #povertyissues #socioeconomics #humor #socialcommentary #wealthgap #HackerNews #ngated

  27. 🎩💰BREAKING: The rich inherit wealth and don't work! Shocking! This groundbreaking revelation brought to you by Captain Obvious and the "I-read-Reddit-once" Institute. Meanwhile, the rest of us peasants continue to work while trying to decode the endless menu of redundant subscription offers. 📈💼
    economist.com/leaders/2025/02/ #richinheritance #wealthgap #subscriptionoverload #classdivide #societalissues #HackerNews #ngated

  28. 🎩💰BREAKING: The rich inherit wealth and don't work! Shocking! This groundbreaking revelation brought to you by Captain Obvious and the "I-read-Reddit-once" Institute. Meanwhile, the rest of us peasants continue to work while trying to decode the endless menu of redundant subscription offers. 📈💼
    economist.com/leaders/2025/02/ #richinheritance #wealthgap #subscriptionoverload #classdivide #societalissues #HackerNews #ngated