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

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/

Trump’s SNAP Rules Are About to Imperil Food Access for Millions – The USA Potato

Proposed billionaires' tax in California sparks Silicon Valley uproar

A proposal to tax the accumulated wealth of California billionaires has ignited a political uproar in Silicon Valley and across the state. A large health care union is attempting to place a proposal before voters in November that would impose a one-time 5% tax on the assets of billionaires. The money would be used to backfill federal funding cuts to health services for lower-income people that were signed by President Donald Trump last year. Such proposals are popular within Democratic constituencies. But there are fears that billionaires could flee the state and take their tax dollars with them. Democratic Gov. Gavin Newsom is trying to block the measure.

AP News
"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
Why U.S. Productivity Gains No Longer Reach Workers

Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.

Pacific Investment Management Company LLC

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

My journey from foreign correspondent to Uber driver in Trump's America

I once documented human displacement and desperation; now I am living it

Steve Scherer

“The Trump administration has continued to claim that consumers can easily afford groceries, even as Americans struggle against a weakening job market and soaring prices spurred by Donald Trump’s outrageous tariff policies.

Meanwhile, the president’s family has raked in a whopping $1.4 billion since reentering the White House one year ago, which is about 16,821 times the median U.S. household income.” 🤬

#Politics #USPolitics #GroceryPrices #Economy #IncomeInequality

https://newrepublic.com/post/205449/donald-trump-agriculture-secretary-plan-food-costs

Trump Sec. Has Brilliant Plan to Lower Food Costs: Just Spend Less

Brooke Rollins’s math is off.

The New Republic

I’d love to see articles tying ‘inflation’ directly to corporate profits/quarterly shareholder earnings reports.

#CDNPoli #Oligarchy #IncomeInequality

“Inflation ticked up to 2.4% in December: StatCan”
https://globalnews.ca/news/11619298/consumer-price-index-december-2025-2/

Inflation ticked up to 2.4% in December: StatCan

Statistics Canada says the end of the federal government’s tax holiday a year earlier pushed the annual pace of inflation up two ticks to 2.4 per cent in December.

Global News
In Davos, the rich talk about ‘global threats’. Here’s why they’re silent about the biggest of them all | Ingrid Robeyns https://www.theguardian.com/global/2026/jan/19/davos-rich-global-threat-economic-inequality-wealth #Inequality #Davos2026 #IncomeInequality #Davos #Business #TheSuperrich #GlobalEconomy #EconomicPolicy
In Davos, the rich talk about ‘global threats’. Here’s why they’re silent about the biggest of them all

Economic inequality is at the heart of all humanity’s major problems, but the wealthiest refuse to confront a system that benefits them, says economist and historian Ingrid Robeyns

The Guardian