Racism doing its ugly work
This is one thing that people mean when they talk about structural racism in US society: pic.twitter.com/HMIRtiOEZJ
— Benjamin Ryan (@benryanwriter) May 14, 2023
The wealthiest 10% of Americans own a record 89% of all U.S. stocks https://t.co/szcocl10x1
— CNBC (@CNBC) October 18, 2021
This is what the “it’s class not race” argument fails to account for. Economic class in America is overwhelmingly structured by race, and the wealth gap has continued to grow. Closing this gap will require the government to make massive new investments in Black communities. https://t.co/N2kHnivhgn pic.twitter.com/InMN7aRfcN
— Samuel Sinyangwe (@samswey) August 8, 2021
The median net worth for Black households with college graduates in their 30s has fallen to $8,200 from about $50,400 three decades ago, a WSJ analysis found.
— philip lewis (@Phil_Lewis_) August 8, 2021
Over the same period, their white peers saw their median net worth grow 17% to $138,000. https://t.co/exgUFkGeNl
An incredible graphic. Our country is almost literally off the chart. https://t.co/qS8CKSybnA pic.twitter.com/twt9JgeAow
— Alec MacGillis (@AlecMacGillis) July 18, 2021
New: The Fed’s low-interest-rate policies have stabilized the economy and turbocharged the stock market. But those who don’t own lots of stocks haven’t benefited anywhere near as much as those who do. https://t.co/HNvQJnfce4
— ProPublica (@propublica) April 27, 2021
A hospital janitor paid so little he can't afford rent worked extra hard in the pandemic and won employee of the month. He was awarded a $6 coupon to the hospital cafeteria.
— Dan Price (@DanPriceSeattle) April 8, 2021
The hospital CEO got a 13% raise, to $30 millionhttps://t.co/6mWfSMUkoQ
Nine American billionaires, including Bezos, Musk and Zuckerberg, saw their wealth increase a cumulative $360 billion over the past year. @nitashatiku @greene https://t.co/iyy1n8WFPI
— Peter Baker (@peterbakernyt) March 14, 2021
Black Americans are hampered in saving for retirement by factors including less intergenerational wealth, more college debt, lower incomes and lower homeownership rates than white Americans.
— The Wall Street Journal (@WSJ) February 28, 2021
“I’m going to be working until I am 75 at this rate.” https://t.co/A2cAviVIIg pic.twitter.com/kYSuqOcE8M
Pretty amazing chart in The Times today matching what CBO and others have found
— Jeff Stein (@JStein_WaPo) November 16, 2023
— Top 1% owns 31% of US wealth
— Bottom 50% owns 2.5% pic.twitter.com/L3tDdhBIBh
Wow.
— Nick Knudsen 🇺🇸 (@NickKnudsenUS) June 6, 2024
This video is truly eye-opening.
Take a couple minutes to watch this.
A mind-boggling visual representation of wealth inequality in America.
This sh*t ain’t workin’, folks. #TaxBillionaires #UnionsForAll pic.twitter.com/DmMVETssXY
Sad! 