Discover and read the best of Twitter Threads about #incomeinequality

Most recents (13)

To those who support #FightFor15, increasing the #MinimumWage and reducing #IncomeInequality: By 2025, the wage would have to be ~$20 to equal the $15 asked for when this began.

That's why we need to stop talking about a "minimum" wage and start talking about an #AmericanWage.
An #AmericanWage is the wage needed to provide for the basic needs of American life.

It clarifies to people of any political alignment or value system, that wages are meant to provide a standard of living adequate to all Americans.
Yes, cost of living varies by state. But the purpose of the #AmericanWage is to establish a baseline for what your wage buys, not an arbitrary number lacking the consideration of determining what that wage buys.

Yes, a worker in West Virginia needs less than someone in New York.
Read 19 tweets
#Cenk #jimmydore ALL THIS IS TURNING ME OFF (THREAD) Hi, I'm a 50-year-old Black woman who has never missed an election at the local, state or federal level since I voted in my dorm commissary at UC Berkeley at age 18. The policies that most inform my vote are
combatting #ClimateChange addressing #IncomeInequality combatting the empire tendencies of the United States, #RacialJustice in the United States and #WomensRights. I don't care one hoot about the individuals who carry water for those policies. I don't care
if they are white or non-white, old or young, rich or poor, or whatever gender. If they are EFFECTIVELY advocating for those policies, then YAY! I'm deeply in the habit of voting and, when I can afford it, giving money to campaigns. It's not a habit that I'm going to break
Read 14 tweets
A thought on #NYC: the city isn’t dying, but it has problems: the cost of living is too high, #incomeinequality is rampant, and the city’s blood runs through its #transit system. Some things to consider:
(1) The #rent is too damn high, the residential market is distorted, and despite a 10% decline in #Manhattan rents they are still among the highest in the country #housing…
(2) Some people are leaving the city. #Housing demand in the #suburbs can shift back to the city, but the suburbs make more sense for families now…
Read 8 tweets
LISTENING TO @HealthyFla is a #foolstep - FACT: They have #liedandmisled about numbers every day. In context with ONLY 5% of symptomatic allowed to test — they lulled you with numbers that masked the catastrophe. Real #? 95% higher likely - exponentially #thisiscriminal

#AmericaISBACK our values are basic #humanrights #heathcare is not a luxury item #incomeinequality is addressed immediately. #thegapends
Read 5 tweets…
🤦🏻‍♂️.... ok, this has been going on for two days, now, and showing no signs of stopping. So, let’s be clear:

2 days ago, CNN “Reported” that 4 unnamed Warren staffers say that, over a year ago, Bernie told Warren that “A woman can’t win the Presidency”. 1/
....four decades of evidence of Sanders saying exactly the opposite, and the fact that he encountered Warren to run in the 2016 election means nothing to CNN, it seems.... 2/
This, it seems, is ‘journalism’. What passes for hair salon gossip is just as good as real news on what we’re told to believe is a real new station. CNN bristled at being called ‘fake news’ but thinks gossip is the same thing as journalism? Ok....3/
Read 20 tweets
⚠ Thread | Republican Party Platform: Socialism for the wealthy. Biblical capitalism for everyone else.
Nearly 700,000 will lose food stamps with USDA work requirement change

🔗 #ImpeachTrump #Resist #Trump #GOPTaxScam
Welfare for the rich? A $1.9 Trillion tax cut giveaway.

Fun fact: In 2018, 60 Fortune 500 companies paid no taxes on a total of $79 billion of profits.

Welfare for the poor? 2 Thessalonians 3:10

#Evangelicals #Republicans #ImpeachTrump #Trump #Resist #Bible #GOPTaxScam
Read 172 tweets
𝗧𝗵𝗿𝗲𝗮𝗱 | 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗜𝗻𝗲𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝟮𝟬𝟭𝟵

#Wealth #Gap #Racial #GenderPayGap #IncomeInequality #EqualPay #Resist
Read 113 tweets
One year ago today, the U.S. Supreme Court ruled in the #Janus case, curtailing the basic rights of public sector employees to unionize and collectively bargain #mapoli
Today, I was proud to join an overwhelming bipartisan majority of my colleagues in the @MA_Senate to protect the rights of #unions to offer membership to new hires and to be compensated for the invaluable representation they offer members #mapoli
#Unions helped build the American middle class and they protect workers and communities from the damaging effects of #incomeinequality, and today, the @MA_Senate stood in solidarity with union members across Massachusetts #mapoli
Read 3 tweets
I’m pleased that the Stop & Shop strike has ended. Workers stood strong together and demanded fair wages & benefits, and through collective action, they won. Organized labor is a vital way for workers to make their voices heard.
#StopDontShop #UnionStrong #MApoli
Throughout our history, the #LaborMovement has been the source of so many rights we take for granted: eliminating of child labor, creating of the minimum wage & the 5-day work week, workplace safety standards, & comprehensive health benefits.

#StopDontShop #UnionStrong #MApoli
In this era of extreme #IncomeInequality and tectonic shifts in the global economy, labor unions still protect the most vulnerable workers and secure rights which benefit all of us!

#StopDontShop #UnionStrong #MApoli
Read 3 tweets
As documented by @TheAtlantic's always-excellent @JamesFallows, one of the underappreciated factors in 2016 election is the failure of #journalism to do its job (one Jim story-- he has many others).
...My thoughts on how to prevent repeat in 2020: <thread>…
In 2016, MSM obsessively covered @HillaryClinton emails, while ignoring the far-more-important story of #FBI investigation of the Trump campaign. This failure had a major impact on the election's outcome. My analysis is shaped by experience in both in #journalism and politics:
We're seeing exactly the same dynamic in the 2020 campaign that we saw in 2016: MSM is focusing on horserace issues & GOP talking points, rather than delving into SUBSTANTIVE differences between the candidates. This could determine outcome of Dem primaries-- & general election.
Read 12 tweets
Now 3hrs into a SWAT scene in #Miami #Wynwood neighborhood - police negotiating the surrender of a woman in a car with a gun - here is what we know at this point:
Five hours into it now, Miami police are waiting her out.
From our reporting, it appears the woman either does/did live at Camillus House, and/or uses the homeless-care facilities there.. she may live in that car now, tells police she has the gun for her protection
Sun is setting & she has not moved, still in the passenger seat of the Honda with the handgun, surrounded by Miami police officers & talking to the hostage negotiator. FWIW- that magazine on her dashboard appears to be the Jan/Feb 2019 edition of World of Firepower
@WPLGLocal10 Image
Read 5 tweets
As we see debates about increasing the top marginal tax rate, and even talk of a max income, I think it’s important to talk about what happened during the long reign of one of the greatest presidents of all time: FDR.

FDR’s election happened during the height of the Great Depression, during which labor movements in the US were at an all time high.

This organization amongst labor, coupled with strong socialist and communist parties within the US, led to increased pressure.
This pressure was applied mainly to corporations and politicians of the time, but was also used in small struggles for better working conditions.

It was in these “trial-battles” that groups like the AFL & CIO (modern @AFLCIO) gained strength and skill.
Read 12 tweets
The Spirit Level has been cited ≈10K times (≈700 times in 2018).

The book is straightforward: It uses cross-sectional data to show negative effects of #IncomeInequality on health.

The problem: It does NOT hold up to scrutiny.

🍒 Thread 🍒
#1 🍒-picking.

In the Spirit Level, some countries are excluded from the analysis without justification. When including these countries and using the latest estimates available, the core findings of the book disappear. [2/5]
#2 A second bite at the 🍒

Papers using large survey data with much more countries fail to reproduce the findings. E.g., Jen et al. shows that income inequality actually reduces the chances to report a poor health (especially, in developing countries). [3/5]
Read 5 tweets

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