Trump’s Billionaire Treasury Pick Stresses Importance of Tax Cuts for Billionaires

Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.

Rolling Stone

@DWTSquawk7600

#GOTV canvassing for #PropA and #Amendment3 in suburban #StLouis yesterday. Lots of people had already voted (yay!), but lots of ground to cover to see these ballot measures through. You can vote no-excuse early in #Missouri through November 4. Or on November 5 (Election Day).

Voting for these measures would #RaisetheMinimumWage & guarantee paid sick leave (PropA) and #EndTheBanMO, restoring abortion rights in Missouri (Amendment 3) With your support, they can pass!

#MoPol

#RaiseTheMinimumWage! And reduce the ridiculously high #CEO’s pay!
California Dem Barbara Lee defends call for $50 federal minimum wage: 'Just barely enough' - Lemmy.World

Amazon flyer says hardest-up workers might get gift from Peccy the mascot | Amazon | The Guardian

https://www.theguardian.com/technology/2023/dec/18/amazon-workers-holiday-wishes-peccy

#RaiseTheMinimumWage #SupportUnions

Hard-up this holiday? Amazon flyer tells workers to ask company mascot for help

Workers making $17 an hour not impressed by holiday offer from company that just tripled profits to $9.9bn

The Guardian

A few years old but still applicable. With "the market" in the headlines this is just a reminder.

We All Have a Stake in the Stock Market, Right? Guess Again - The New York Times

https://www.nytimes.com/2018/02/08/business/economy/stocks-economy.html

#TaxTheRich #RaiseTheMinimumWage

We All Have a Stake in the Stock Market, Right? Guess Again

Wall Street’s up and downs have little impact on the income or wealth of most Americans, despite the bromides of politicians on both sides of the aisle.

The New York Times
@toussaint #Biden is far from perfect on the #economy but he helped prevent a much worse #economicCrisis following the #Covid19Shutdowns . There has been fifty plus years of #industryConsolidation that has helped set the stage for #monopolies and #oligopolies ( #cartels ) to be able to set #ExcessivelyHighPrices and make #RecordProfits . We should use #antiTrustLaws to #fightInflation and Biden shouldn’t be so quiet on his (previous ?) #CampaignPromise to #RaisetheMinimumWage .
@kevinrns Let’s fix it! We need to both demand higher wages AND make sure excessive inflation is discouraged by using #antiTrust laws to break up #MonopoliesAndCartels (so that there is price competition - I strongly believe this is a more ethical solution for inflation compared to excessive #InterestRateHikes ). #Unions #SupportUnions #RaiseTheWage #FightFor15 #FightFor18 #FightFor20 #RaiseTheMinimumWage #USPolitics #BreakUpMonopoliesAndCartels #FightInflation #inequality #economics
@uspolitics Eh I’m glad #unemployment is low (but think we should set our standards higher). I’m glad #Biden talks down #TrickleEconomics but wish he would fire #JeromePowell and use #anitTrustLaws to #BreakUpMonopoliesAndCartels in order to fight #inflation (instead of using rate hikes that could harm the most vulnerable). Biden promised to raise the US minimum wage but sparsely so much as mentions it anymore. #Bidenomics #Economics #RaiseTheMinimumWage #RaiseTheWage
@RollingStone #ProgressiveDemocrats shouldn’t give #Biden unconditional support. We need to make sure Biden will actually push for the changes most of us want. Biden promised to #raiseTheMinimumWage ; what happened to that? Biden has been silent on interest #rateHikes that threaten regular working people ; why hasn’t he instead advocated to break up monopolies and cartels in order to fight #inflation in an ethical way? Biden promised no more drilling; what happened to that? #dems