56 new billionaires.
— John Fetterman (@JohnFetterman) December 30, 2020
Same old shitty minimum wage.
Our great nation needs a wage we can ALL live with- in dignity. #FightFor15 https://t.co/BOmD9grQt5
As the pandemic has dragged on, and as the gap has widened in how Americans experience it, some experts have grown less sure that lessons of empathy and unity from the Great Depression can apply today. https://t.co/MMZfFJt6Se
— The New York Times (@nytimes) December 28, 2020
Billionaire wealth
— Dan Price (@DanPriceSeattle) December 19, 2020
2009: $1.3 trillion
Now: $4 trillion
Top 10% wealth
2009: $40 trillion
Now: $81 trillion
Upper-middle class wealth
2009: $18T
Now: $33T
Corporate profit
2009: $5T
Now: $7.8T
Stock market
2009: 9,000 points
Now: 30,000
Minimum wage
2009: $7.25
Now: $7.25
Over the last 40 years:
— Robert Reich (@RBReich) December 15, 2020
—Wages for the top 0.1% grew 345%
—Wages for the top 1% grew by 160%
—The share of wages for the bottom 90% shrunk
Unfettered capitalism has pulverized the working class.
In 2018, the average CEO of America’s 350 largest firms made $17.2 million, 278x more than the average employee
— Judd Legum (@JuddLegum) December 15, 2020
In 1965, those CEOs made 20x more than the average employee
The richest 1% own 15x more wealth than the bottom 50% combined. Wealth inequality is eating this country alive.
— Robert Reich (@RBReich) December 14, 2020
The story of America today is a tale of two lines: a surging stock market, and the line-ups at food banks. I’m the richest country on the world, tens of millions of Americans are going hungry in the midst of Covid https://t.co/85nG6CbTZC
— Ali Velshi (@AliVelshi) November 26, 2020
$1,200. One time. In the wealthiest nation. During a global pandemic. https://t.co/CBrW1c3ZHy
— Alencia Johnson (@AlenciaJohnson) November 22, 2020
Wealth inequality facts and figures
Covid isn’t just disproportionately killing people of color; it’s sticking them in a feedback loop that exacerbates economic and racial inequity, says Chicago economist Damon Jones.https://t.co/hGuqRNLZqZ
— POLITICO (@politico) October 16, 2020
Stocks are soaring, and most Black people are missing out
On Cleveland’s east side, in mostly Black neighborhoods, tenants struggling with their rent are facing the prospect of eviction.
— Businessweek (@BW) October 6, 2020
On the west side, in wealthier and whiter neighborhoods filled with homeowners, housing prices are soaring https://t.co/PaWU6yZNaQ
Sad! 