☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 days agoLow-wage workers faced worsening affordability in 2025 as wage growth stalledwww.epi.orgexternal-linkmessage-square2fedilinkarrow-up121arrow-down10cross-posted to: [email protected]
arrow-up121arrow-down1external-linkLow-wage workers faced worsening affordability in 2025 as wage growth stalledwww.epi.org☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 days agomessage-square2fedilinkcross-posted to: [email protected]
minus-squareFlashMobOfOne@lemmy.worldlinkfedilinkarrow-up3·2 days agoAnd, as usual, the party in power’s response is to gaslight us and claim that the stock market proves the poor are prospering. As if any of that shit rolls downhill.
minus-squareDancingBear@midwest.sociallinkfedilinkarrow-up2·edit-22 days agoIf you divided all the stocks issued in the US stock markets by issue number and put them in a basket, chose one randomly, there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country. There’s either millions or billions of stocks in existence, but this is still true.
And, as usual, the party in power’s response is to gaslight us and claim that the stock market proves the poor are prospering.
As if any of that shit rolls downhill.
If you divided all the stocks issued in the US stock markets by issue number
and put them in a basket, chose one randomly,
there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country.
There’s either millions or billions of stocks in existence, but this is still true.