Maggie S. Barkz
@magsman.bsky.social
Independent weirdo. Cats & model horses goofball. Former wine-ho but still wine-ho in spirit. Occasional rant on America’s descent into Idiocracy.
It’s trickle UP economics. Trickle down was a scam to sell to lower income people why it was for the upper crust to pick their pockets.
From 1989 to 2019, the richest 1% of families increased their share of total national wealth from 27% to 34%.
At the same time, families in the bottom 50% saw their share drop from 4% to 2%.
When we say trickle-down economics is a hoax, this is what we mean.
At the same time, families in the bottom 50% saw their share drop from 4% to 2%.
When we say trickle-down economics is a hoax, this is what we mean.
Trends in the Distribution of Family Wealth, 1989 to 2019
At a Glance Building on earlier work by the Congressional Budget Office, this report examines changes in the distribution of family wealth (a family’s assets minus its debts) from 1989 to 2019 and ana...
www.cbo.gov
November 18, 2024 at 7:42 PM
It’s trickle UP economics. Trickle down was a scam to sell to lower income people why it was for the upper crust to pick their pockets.
Why use an aging app when you can just get yourself a passport photo at the PO?
November 16, 2024 at 7:37 PM
Why use an aging app when you can just get yourself a passport photo at the PO?
Reposted by Maggie S. Barkz
Luke oughta know!
November 15, 2024 at 1:58 PM
Luke oughta know!
Barkz pro tip - Trader Joe’s chickpea flour fusilli tastes like old shoe pasta. 👎
November 15, 2024 at 2:51 AM
Barkz pro tip - Trader Joe’s chickpea flour fusilli tastes like old shoe pasta. 👎
Reposted by Maggie S. Barkz
One of Trump's biggest promises was to address the rising cost of living. But will he do anything to challenge the main source of high prices — corporations who have gobbled up their competitors and now have enough market power to keep prices high even as their costs have dropped? Of course not.
November 13, 2024 at 9:30 PM
One of Trump's biggest promises was to address the rising cost of living. But will he do anything to challenge the main source of high prices — corporations who have gobbled up their competitors and now have enough market power to keep prices high even as their costs have dropped? Of course not.