Discover and read the best of Twitter Threads about #wealthgap
Most recents (12)
1/7 📉 The late 90s and 2000s were characterized by low interest rates and tax cuts.
While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
2/7 đź’µ Low interest rates make borrowing cheaper.
This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
3/7 🏦 For ordinary Americans, however, low interest rates can mean reduced returns on savings.
With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
This is why we push for #Reparations a 400+DEBT OWE exclusively to #ADOS(American Descendants Of Slavery) by GOV at the Federal Level.
#Biden's Student Loan Forgiveness Plan Doesn't Do Enough for Black Americans
msn.com/en-us/news/us/… #studentloanforgiveness
#Biden's Student Loan Forgiveness Plan Doesn't Do Enough for Black Americans
msn.com/en-us/news/us/… #studentloanforgiveness
"I won’t benefit from Biden’s plan to cancel up to $10,000 of student loan debt (or up to $20,000 for Pell Grant recipients) for individuals making less than $125,000 a year."
"And though I don’t find the reasoning behind the income cap dispositive,I get the basic idea:those with higher incomes, like myself,can generally handle their loans more easily than those with lower incomes."
We watched "Don't Look Up" last night -- dumb movie, but convinced me not to hold back inconvenient truths.
So here goes.
#Greenland The Danish Meteorological Institute says huge warming there is linked to #ClimateChange .
How much "warming?"
MORE
So here goes.
#Greenland The Danish Meteorological Institute says huge warming there is linked to #ClimateChange .
How much "warming?"
MORE
2/
- The capital Nuuk hit 55 F this week -- average temp for this time = 22.5 F
- Further north in Qaanaaq temp topped 46 F -- normal is -4.2 F.
70% of Earth's freshwater is frozen, and #Greenland is the 2nd largest block of ice after #Antarctica. If it were to fully melt...
MORE
- The capital Nuuk hit 55 F this week -- average temp for this time = 22.5 F
- Further north in Qaanaaq temp topped 46 F -- normal is -4.2 F.
70% of Earth's freshwater is frozen, and #Greenland is the 2nd largest block of ice after #Antarctica. If it were to fully melt...
MORE
3/
...world sea levels would rise 23 feet. climate.nasa.gov/faq/30/if-all-…
That would obliterate the homes, schools, workplaces of >10% of the U.S. population. climate.gov/news-features/…
MORE
...world sea levels would rise 23 feet. climate.nasa.gov/faq/30/if-all-…
That would obliterate the homes, schools, workplaces of >10% of the U.S. population. climate.gov/news-features/…
MORE
Daily Bookmarks to GAVNet 12/05/2021 greeneracresvaluenetwork.wordpress.com/2021/12/05/dai…
A Nitrogen Shortage is Brewing, So What Will it Take to Cure The World's Fertilizer Deficiency?
agweb.com/news/crops/cro…
#NitrogenFertilizer #NaturalGas #prices #shortages #CropYield #projections
agweb.com/news/crops/cro…
#NitrogenFertilizer #NaturalGas #prices #shortages #CropYield #projections
Scientists Concerned About New COVID-19 Variant Detected in South Africa With High Number of Mutations
time.com/6124039/south-…
#COVID19 #evolution #variants #detection #transmissibility #virulence #PublicHealth
time.com/6124039/south-…
#COVID19 #evolution #variants #detection #transmissibility #virulence #PublicHealth
1/ "Where was the Federal Reserve in all this? It poured out trillions of dollars in relief, but the funds did not trickle down to the real economy. They flooded up, dramatically increasing the wealth gap. " #wealthgap #WealthTax
2/ "By October 2020, the top 1% of the U.S. population held 30.4% of all household wealth, 15 times that of the bottom 50%, which held just 1.9% of all wealth." #wealthgap
scheerpost.com/2021/03/03/wil…
scheerpost.com/2021/03/03/wil…
3/ "The devastation caused by nationwide Covid-19 lockdowns in 2020 has highlighted the inadequacies of the current financial system in serving the public, local businesses, and local governments. Nearly 10 million jobs were lost to the lockdowns, over 100,000 businesses closed "
This is the #DemPartyPlatform for 2020. This part is called: Achieving Racial Justice and Equity/Only one party has a specific plan for healing the wounds of systemic institutional racism & the legacy of slavery and for achieving equity-the other party denies they still hurt 1/15
The extreme gap in household wealth and income between people of color—especially Black Americans, Latinos, Native Americans, and certain Asian American and Pacific Islander communities—and white families is hurting our working class and holding our country back. 2/15
#Democrats are committed to improving economic mobility for people of color. We will fight to tackle intergenerational poverty and close the racial wealth gap.3/15 #DemPartyPlatform #WealthGap #RacialJustice
This is the #DemPartyPlatform for 2020. This part is called: Achieving Racial Justice and Equity/Only one party has a specific plan for healing the wounds of systemic institutional racism & the legacy of slavery and for achieving equity-the other party denies they still hurt 1/12
Historic wrongs & abuses against Native Americans, 2 1/2 centuries of slavery, a 100 yrs of Jim Crow & a history of exclusionary immigration policies have created profound & lasting inequities in income,wealth,education,employment, housing,environment & health care for #POC 2/12
#Democrats are committed to standing up to racism and bigotry in our laws, in our culture, in our politics, and in our society, and recognize that race-neutral policies are not sufficient to rectify race-based disparities. 3/12 #DemPartyPlatform #racialjustice #WealthGap
This is the #DemPartyPlatform for 2020. This section is called: Putting Homeownership in Reach and Guaranteeing Safe Housing for Every American. Only one party has a specific plan for rebuilding the great American #MiddleClass. The other party didn’t bother. 1/12
Homeownership is at the center of the American Dream—and yet it has never been in reach for all. 2/12 #DemPartyPlatform #Homeownership #AffordableHousing
Decades of red-lining, rising income inequality, and predatory lending practices targeting low-income families and people of color have made homeownership all but impossible for millions of working families. 3/12 #DemPartyPlatform #homeownership #AffordableHousing
This is the #DemPartyPlatform for 2020.This part deals with building a #StrongerFairerEconomy
The economy is not working for the American people.Only 1 party has a platform for the next 4 yrs/the other has a loyalty pledge to a malignant narcissist who threatens our democracy1/14
The economy is not working for the American people.Only 1 party has a platform for the next 4 yrs/the other has a loyalty pledge to a malignant narcissist who threatens our democracy1/14
#Democrats pledge a new economic contract that raises wages and restores workers’ rights to organize, join a union, and collectively bargain. One that at last supports working families and the middle class by securing equal pay for women and paid family leave for all. 2/14
#Democrats know American families need a new economic contract that provides access for all to reliable and affordable banking and financial services. 3/14 #DemPartyPlatform #ForThePeople #BankingAndFinance
This is the #DemPartyPlatform for 2020.This part deals with building a #StrongerFairerEconomy
The economy is not working for the American people.Only 1 party has a platform for the next 4 yrs/the other has a loyalty pledge to a malignant narcissist who threatens our democracy1/15
The economy is not working for the American people.Only 1 party has a platform for the next 4 yrs/the other has a loyalty pledge to a malignant narcissist who threatens our democracy1/15
The economy is not working for the American people. In a matter of weeks, the abject failure of the Trump Admin to competently respond to the #COVID19 pandemic erased all the job gains made since the Obama/Biden Admin pulled the country out of the Great Recession 2/15
#economy
#economy
President Trump inherited the longest economic expansion in American history from the Obama-Biden Administration, and he squandered it. 3/15
#DemPartyPlatform #TrumpChaos #EconTwitter
#DemPartyPlatform #TrumpChaos #EconTwitter
The #WealthGap by skin color results from policies across society, including education, housing, the legal system, & access to medical care. Inequalities & overt #racism in the distant past compound those now present. hitc.com/en-gb/2020/06/…
A typical white family has 16 times the wealth of a black family. #WealthGap #poverty #BlackLivesMatter forbes.com/sites/laurashi…
Dems know that an America where many win is a stronger nation than one where very few win. We know that wealth is built where infrastructure is strong & a social contact means giving back. Learn about candidate's ideas to create more winners & less disparity in this thread #WPCM
We've had a few winners and many losers in this “game” of economic well-being. #WCPM #DemCast #wealthgap
2/13
2/13
America's top 1% own more wealth than the bottom 1/2. When we consider the magnitude of the problems we face from schools, road & bridge repair, migrating from fossil fuels & climate change, it is unconscionable that so few hold so much, avoiding taxes & responsibility. #DemCast
