@nancyfolbre.bsky.social
Hi five! Kiss the rich!
The share of consumer spending by the top 10% has increased from 35% in 1994 to 49.2% today.
tinyurl.com/ezyuf8u9
The share of consumer spending by the top 10% has increased from 35% in 1994 to 49.2% today.
tinyurl.com/ezyuf8u9
The Plutonomy Is Still Going Strong
For the last 20 years, analysts have known that this is an economy by and for the rich.
tinyurl.com
September 18, 2025 at 12:37 PM
Hi five! Kiss the rich!
The share of consumer spending by the top 10% has increased from 35% in 1994 to 49.2% today.
tinyurl.com/ezyuf8u9
The share of consumer spending by the top 10% has increased from 35% in 1994 to 49.2% today.
tinyurl.com/ezyuf8u9
Whose economy? Not yours, unless you're in the top 10% (households making more than $250,000 a year) that account for 49% of all consumer spending these days. Sales of luxury goods and services are keeping the economy afloat...
#inequality
tinyurl.com/msz3u8n9
#inequality
tinyurl.com/msz3u8n9
The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains
High-earners and older Americans are faring better than ever, while fortunes are sliding again for low-wage and young workers
www.wsj.com
September 18, 2025 at 12:28 PM
Whose economy? Not yours, unless you're in the top 10% (households making more than $250,000 a year) that account for 49% of all consumer spending these days. Sales of luxury goods and services are keeping the economy afloat...
#inequality
tinyurl.com/msz3u8n9
#inequality
tinyurl.com/msz3u8n9
"Who's afraid of the Democratic Socialists?" and...
"Socialism is emerging as the populist alternative on the left."
from the pages of The Economist, September 15, 2025
#Mamdani
"Socialism is emerging as the populist alternative on the left."
from the pages of The Economist, September 15, 2025
#Mamdani
September 16, 2025 at 7:56 PM
"Who's afraid of the Democratic Socialists?" and...
"Socialism is emerging as the populist alternative on the left."
from the pages of The Economist, September 15, 2025
#Mamdani
"Socialism is emerging as the populist alternative on the left."
from the pages of The Economist, September 15, 2025
#Mamdani
Watch the actual Fox News broadcast "joking" about lethal injections for the homeless.
#homeless
#evil
www.mediamatters.org/fox-friends/....
#homeless
#evil
www.mediamatters.org/fox-friends/....
Fox News host on mentally ill people who commit crimes: “Just kill them”
www.mediamatters.org
September 13, 2025 at 1:38 PM
Watch the actual Fox News broadcast "joking" about lethal injections for the homeless.
#homeless
#evil
www.mediamatters.org/fox-friends/....
#homeless
#evil
www.mediamatters.org/fox-friends/....
Reposted
Parents shouldn’t be going bankrupt paying for childcare.
It’s time to rebuild our country’s childcare infrastructure to actually benefit families. Let’s pass my bill to offer care for $10/day while paying employees at least $24/hour.
It’s time to rebuild our country’s childcare infrastructure to actually benefit families. Let’s pass my bill to offer care for $10/day while paying employees at least $24/hour.
September 8, 2025 at 2:48 PM
Parents shouldn’t be going bankrupt paying for childcare.
It’s time to rebuild our country’s childcare infrastructure to actually benefit families. Let’s pass my bill to offer care for $10/day while paying employees at least $24/hour.
It’s time to rebuild our country’s childcare infrastructure to actually benefit families. Let’s pass my bill to offer care for $10/day while paying employees at least $24/hour.
Reposted
New Mexico is the first state to commit to free, universal childcare and preschool www.krqe.com/news/politic...
Governor announces New Mexico will now provide free universal child care
NEW MEXICO (KRQE) – New Mexico is becoming the first state in the U.S. to offer free early childhood education to every family in the state. Governor Michelle Lujan Grisham announced a universal ch…
www.krqe.com
September 9, 2025 at 1:16 PM
New Mexico is the first state to commit to free, universal childcare and preschool www.krqe.com/news/politic...
Reposted
New Mexico becomes first state to offer free childcare for all: ‘model for the nation’ www.theguardian.com/us-news/2025...
New Mexico becomes first state to offer free childcare for all: ‘model for the nation’
Move is expansion of existing program that has helped lift tens of thousands of people out of poverty
www.theguardian.com
September 10, 2025 at 11:22 AM
New Mexico becomes first state to offer free childcare for all: ‘model for the nation’ www.theguardian.com/us-news/2025...
Reposted
September 10, 2025 at 1:54 PM
Reposted
Famous last words, eh. I’m not feeling any sadness.
Remembering his utterly disgusting words towards women.
He told Taylor Swift & all women to “submit.” To husbands.
To men.
Disgusting prick.
Wonder why the old guy shot him, though. 🤔
Remembering his utterly disgusting words towards women.
He told Taylor Swift & all women to “submit.” To husbands.
To men.
Disgusting prick.
Wonder why the old guy shot him, though. 🤔
"I think it's worth to have a cost of, unfortunately, some gun deaths every single year so that we can have the Second Amendment to protect our other God-given rights" - Charlie Kirk, 2023
www.mediamatters.org/charlie-kirk...
www.mediamatters.org/charlie-kirk...
Charlie Kirk: “It’s worth to have a cost of, unfortunately, some gun deaths every single year so that we can have the Second Amendment”
www.mediamatters.org
September 10, 2025 at 7:49 PM
Famous last words, eh. I’m not feeling any sadness.
Remembering his utterly disgusting words towards women.
He told Taylor Swift & all women to “submit.” To husbands.
To men.
Disgusting prick.
Wonder why the old guy shot him, though. 🤔
Remembering his utterly disgusting words towards women.
He told Taylor Swift & all women to “submit.” To husbands.
To men.
Disgusting prick.
Wonder why the old guy shot him, though. 🤔
Reposted
From @theguardian.com:
"Irish woman with green card faces US deportation over $25 bad cheque.
[She] has lived in US since 1977 and wrote cheque a decade ago, being held in isolation by Ice."
www.theguardian.com/us-news/2025...
"Irish woman with green card faces US deportation over $25 bad cheque.
[She] has lived in US since 1977 and wrote cheque a decade ago, being held in isolation by Ice."
www.theguardian.com/us-news/2025...
September 11, 2025 at 1:05 AM
From @theguardian.com:
"Irish woman with green card faces US deportation over $25 bad cheque.
[She] has lived in US since 1977 and wrote cheque a decade ago, being held in isolation by Ice."
www.theguardian.com/us-news/2025...
"Irish woman with green card faces US deportation over $25 bad cheque.
[She] has lived in US since 1977 and wrote cheque a decade ago, being held in isolation by Ice."
www.theguardian.com/us-news/2025...
The private cost of children in the U.S. is at least twice as high as conventional estimates suggest.
#feministeconomics
www.dollarsandsense.org/the-underest...
#feministeconomics
www.dollarsandsense.org/the-underest...
The Underestimated “Price of Parenting”
Even a low-ball estimate of the cost of time shows just how misleading an estimate based only on money expenditures really is.
www.dollarsandsense.org
September 10, 2025 at 12:27 PM
The private cost of children in the U.S. is at least twice as high as conventional estimates suggest.
#feministeconomics
www.dollarsandsense.org/the-underest...
#feministeconomics
www.dollarsandsense.org/the-underest...
Individuals working freelance day jobs are now considered "suspects." Perhaps they will soon be required to wear a yellow star on their outer clothing to identify their "alien" status.
#ice
the.ink/p/illegal-un...
#ice
the.ink/p/illegal-un...
Illegal until proven citizen
The Supreme Court says, "Show us your papers"
the.ink
September 9, 2025 at 12:21 PM
Individuals working freelance day jobs are now considered "suspects." Perhaps they will soon be required to wear a yellow star on their outer clothing to identify their "alien" status.
#ice
the.ink/p/illegal-un...
#ice
the.ink/p/illegal-un...
False promises, blue collar blues, and bye bye manufacturing. So far this year jobs in this sector have declined by
38,000.
#stagflation
www.wsj.com/opinion/augu...
38,000.
#stagflation
www.wsj.com/opinion/augu...
Opinion | The Trump Summer Jobs Stall
Most businesses have stopped new hiring as tariffs add costs and uncertainty, the latest jobs report confirms.
www.wsj.com
September 7, 2025 at 10:59 AM
False promises, blue collar blues, and bye bye manufacturing. So far this year jobs in this sector have declined by
38,000.
#stagflation
www.wsj.com/opinion/augu...
38,000.
#stagflation
www.wsj.com/opinion/augu...
Since our President prefers Diet Coke for breakfast, he might not have noticed that that ground roast coffee prices are
up 38% from a year ago.
#inflation
www.cnbc.com/2025/09/04/w....
up 38% from a year ago.
#inflation
www.cnbc.com/2025/09/04/w....
Why coffee prices are so high — and where they’re headed next
Coffee prices have spiked as major producers like Brazil and Vietnam have experienced extreme weather that's crimped supply.
www.cnbc.com
September 5, 2025 at 12:34 PM
Since our President prefers Diet Coke for breakfast, he might not have noticed that that ground roast coffee prices are
up 38% from a year ago.
#inflation
www.cnbc.com/2025/09/04/w....
up 38% from a year ago.
#inflation
www.cnbc.com/2025/09/04/w....
Most so-called pronatalist policies in the U.S. seriously underestimate the costs and risks of raising children in today’s economic environment. They also ignore child poverty.
#feminist
#childpoverty
#pronatalism
www.dollarsandsense.org/more-babies-...
#feminist
#childpoverty
#pronatalism
www.dollarsandsense.org/more-babies-...
September 3, 2025 at 12:06 PM
Most so-called pronatalist policies in the U.S. seriously underestimate the costs and risks of raising children in today’s economic environment. They also ignore child poverty.
#feminist
#childpoverty
#pronatalism
www.dollarsandsense.org/more-babies-...
#feminist
#childpoverty
#pronatalism
www.dollarsandsense.org/more-babies-...
What could we do with the $5.7 trillion owned by billionaires in the U.S. today? Wall Street Journal notes it could buy a Corvette Stingray for every 65+ U.S. driver.
I guess it knows its subscribers well, even as it reveals its own values.
#plutocracy
www.wsj.com/finance/inve...
I guess it knows its subscribers well, even as it reveals its own values.
#plutocracy
www.wsj.com/finance/inve...
What We Know About America’s Billionaires: 1,135 and Counting
An exclusive, up-close look at the richest people in the U.S. from celebrities like Taylor Swift and Elon Musk to the founder of a roofing supplier in Wisconsin.
www.wsj.com
September 3, 2025 at 11:37 AM
What could we do with the $5.7 trillion owned by billionaires in the U.S. today? Wall Street Journal notes it could buy a Corvette Stingray for every 65+ U.S. driver.
I guess it knows its subscribers well, even as it reveals its own values.
#plutocracy
www.wsj.com/finance/inve...
I guess it knows its subscribers well, even as it reveals its own values.
#plutocracy
www.wsj.com/finance/inve...
MAGA personality Charlie Kirk tells Taylor Swift, "Engage in reality more… Reject feminism. Submit to your husband, Taylor. You're not in charge.” Travis, buddy, time for you to speak up.
www.independent.co.uk/news/world/a...
www.independent.co.uk/news/world/a...
Charlie Kirk claims Taylor Swift’s engagement will make her ‘conservative’
MAGA mouthpiece Charlie Kirk offered a somewhat disingenuous congratulations to the pop megastar – who he has regularly criticized for being ‘woke’ – following the announcement
www.independent.co.uk
August 27, 2025 at 11:55 AM
MAGA personality Charlie Kirk tells Taylor Swift, "Engage in reality more… Reject feminism. Submit to your husband, Taylor. You're not in charge.” Travis, buddy, time for you to speak up.
www.independent.co.uk/news/world/a...
www.independent.co.uk/news/world/a...
The tools we have for managing inflation and unemployment are not only weak--they are also fundamentally biased against working people. Economist Bob Pollin explains:
www.dollarsandsense.org/trump-tariff...
www.dollarsandsense.org/trump-tariff...
Trump Tariffs and Stagflation: Why TACO is the Least Bad Option
The first obvious step right now for fighting stagflation is for Trump to dump his tariff policies.
www.dollarsandsense.org
August 27, 2025 at 9:40 AM
The tools we have for managing inflation and unemployment are not only weak--they are also fundamentally biased against working people. Economist Bob Pollin explains:
www.dollarsandsense.org/trump-tariff...
www.dollarsandsense.org/trump-tariff...
Reposted
Reposted
The fact that this administration is hell bent on punishing Kilmar Abrego Garcia while rewarding Ghislane Maxwell tells you all you need to know about their violent racism and misogyny.
August 25, 2025 at 12:59 PM
The fact that this administration is hell bent on punishing Kilmar Abrego Garcia while rewarding Ghislane Maxwell tells you all you need to know about their violent racism and misogyny.
Reposted
Paul Krugman and Arin Dube are on the same page. The Lisa Cook case is first and foremost about the rule of law.
paulkrugman.substack.com/p/in-the-mat...
paulkrugman.substack.com/p/in-the-mat...
August 26, 2025 at 12:07 PM
Paul Krugman and Arin Dube are on the same page. The Lisa Cook case is first and foremost about the rule of law.
paulkrugman.substack.com/p/in-the-mat...
paulkrugman.substack.com/p/in-the-mat...
Home care workers are now getting an official kick in the butt-they will no longer be guaranteed minimum wage or overtime protections. Evelyn Coke won a 2007 court case that laid a legal foundation for such guarantees. Keep her face in mind and push back.
#care
tinyurl.com/5xs5ehxk
#care
tinyurl.com/5xs5ehxk
August 4, 2025 at 1:30 PM
Home care workers are now getting an official kick in the butt-they will no longer be guaranteed minimum wage or overtime protections. Evelyn Coke won a 2007 court case that laid a legal foundation for such guarantees. Keep her face in mind and push back.
#care
tinyurl.com/5xs5ehxk
#care
tinyurl.com/5xs5ehxk
"Trump’s Motives Can Be Opaque. I Asked a Feminist Economist to Bare Them."
...and they're not pretty!
(C.J. Polychroniou interviews me at Truthout.org)
...and they're not pretty!
(C.J. Polychroniou interviews me at Truthout.org)
Truthout | Fearless Independent News & Analysis
Explore progressive perspectives and stay informed on social justice, activism, and politics at Truthout.org. Uncover truth, spark change.
Truthout.org
August 3, 2025 at 11:41 AM
"Trump’s Motives Can Be Opaque. I Asked a Feminist Economist to Bare Them."
...and they're not pretty!
(C.J. Polychroniou interviews me at Truthout.org)
...and they're not pretty!
(C.J. Polychroniou interviews me at Truthout.org)