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Health care shouldn’t be tied to employment. We need Medicare for All. RT if you agree!
Tax the rich. Cut the military budget. Fund the people.
Corporate profits surged to a record high of $2.1Tn in the 3rd quarter of this year, even as inflation continued to hurt consumers. Over the last 2 years, profits have ballooned more than an 80%, from ~$1.2Tn to more than $2Tn. Folks, this is what’s driving inflation.
Trickle-down economics has been an abject failure over the past 20 years. It’s time to invest in workers. Now.
We’re funding a failed fighter jet program that is projected to cost upwards of $1.7 trillion. We’ve enabled U.S. billionaires to grow their wealth by $1.5 trillion during the pandemic alone. Don’t tell us we "can’t afford" $12 billion to restore the expanded child tax credit.
Here's your answer. This might explain why childcare centers are struggling to hire people - they can't compete with Target! The only way to raise teacher wages is to publicly fund #childcare (or raise rates for parents, which are already unaffordable. #Fundchildcare #mnleg
In case anyone needed a reminder, the Republican Party’s economic record is atrocious. All but four of the last 17 recessions over the past century have come under Republican presidents. The idea that the GOP is some force of economic strength is absurd.
Last night, the Senate passed an $858 billion annual military budget. That's $45 billion more than Biden even asked for... Endless money for war. No money for hungry kids or a burning planet.
Why is the Fed putting the onus of fighting inflation on workers and consumers rather than on the corporations largely responsible for driving up prices — and padding profit margins? This is wrong. It's bad economics. It’s insane politics. And it’s profoundly unfair.
2/3rds of Kroger workers say they can't afford basic expenses. If Kroger's purchase of Albertsons is approved, the company will employ 710,000+ people. With less competition, Kroger can get away with paying even lower wages — not to mention charging more for groceries.
The expanded Child Tax Credit cut child poverty by nearly half. Manchin and the GOP let it expire and child poverty spiked by 41%. In other words, an additional 3.7 million children were thrown into poverty. Reinstating it is a moral imperative. Do it during the lame duck.
Why didn't any of the latest inflation reporting mention that corporate profits just hit a record high? Corporate profits reached $2.08 TRILLION in the 3rd quarter. Corporate greed is playing a role in driving up prices — and the media will hardly talk about it.
When billionaires like Musk, Bezos, or Zuckerberg justify their business motives by citing “freedom,” what they actually seek is freedom from accountability.
Say it with me: To control inflation, we must take aim at corporate profits, not working people.
ExxonMobil raked in $20 billion in profits last quarter and has announced $50 billion in stock buybacks. Folks, corporate greed is a main driver of inflation -- not government spending.
Yes, the minimum wage should be raised to $25/hour. No, it won’t make the price of your Big Mac go up. Studies show this. Other countries that pay higher wages show this.
It is hard to overstate how damaging trickle-down economics has been for the American economy. It has eviscerated our tax code and empowered a class of oligarchs that dominate our political system.
Memo to the Fed, and the entire economic establishment for that matter: It's not a “wage-price” spiral — wage gains pushing up prices. It's a “profit-price” spiral — corporate profits driving up prices. Know the truth.
Only in America do we call working people ‘essential’ but deny them paid sick leave. We don’t need to treat essential workers like heroes. We need to treat them like human beings with dignity. Raise their wages. Give them hazard pay. Guarantee health care and paid sick leave.
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