pitchforkeconomics.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

This Rachel Siegel @washingtonpost.com article highlights the depth of what HUD staff do. Dedicated public servants protect how tax dollars are spent. Cuts undermine our ability to do things like get to the day when everyone has access to #affordablehousing. www.washingtonpost.com/business/202...

submitted 20 hours ago • 1 comment

There has never been a greater gap between how much banks charge consumers for credit cards, and how much it costs them to offer those cards. https://buff.ly/4i7ZxHI

submitted 1 day ago • 0 comments

Marta is just a janitor—until she discovers that her CEO is about to steal billions from workers like her. Can she stop the Trillion Dollar Heist? Read our free comic about the stock buyback scam that’s fueling inequality ⬇️ https://buff.ly/4b9VvMl

submitted 2 days ago • 1 comment

In a new Foreign Affairs piece, former Obama economist Jason Furman argues that Biden’s economic recovery was largely a failure. If you’ve followed Furman’s post-White House shift toward neoliberal orthodoxy, you won’t be surprised that he misses the mark—badly. 1/6 https://buff.ly/4aS8X7A

submitted 4 days ago • 1 comment

Want to know how the richest people in the world have siphoned $70 TRILLION from the middle class—using a trick that was illegal until the 1980s? Check out Trillion Dollar Heist, a free comic that breaks down the stock buyback scam in a fun and engaging way. ⬇️ bindings.app/read/FgnoaYec

submitted 4 days ago • 0 comments

Federal funds make up 18-50% of state budgets, shaping everything from schools to infrastructure. When federal funding shrinks, states & cities feel the squeeze. This means fewer resources for healthcare, education, and local programs—often in ways not seen until the damage is done. buff.ly/3CRgtmx

submitted 4 days ago • 0 comments

Today, Nick and Goldy are joined by @chrismurphyct.bsky.social to discuss the political failure of neoliberalism and how Democrats can remake their economic narrative by focusing on unrigging the system rather than handing out subsidies. 🎧 Listen at the following link: bit.ly/SenatorMurphy

submitted 5 days ago • 0 comments

Between 2019 and 2023, the lowest-paid workers saw the strongest wage growth, while the highest earners experienced only modest increases. This marks a significant shift after four decades of skyrocketing income inequality, where the wealthy few have thrived at the expense of working Americans.

submitted 9 days ago • 1 comment

This week at CBPP, we focused on the #FederalBudget and #health. www.cbpp.org/blog/in-case...

submitted 9 days ago • 0 comments

The parents of notorious crypto scammer Sam Bankman-Fried are among those seeking indulgences from the President. https://buff.ly/4hWP6q2

submitted 9 days ago • 1 comment

Labor standards don’t kill jobs — they raise pay and increase employment from the bottom up and middle out. https://buff.ly/3Eyg7BT

submitted 10 days ago • 0 comments

The same amount of money could have been used to pay the rent on a one-bedroom apartment for more than 1,000 people for a year. https://buff.ly/3Ewunen

submitted 11 days ago • 0 comments

Today, we revisit our 2020 chat with journalist @michaelhobbes.bsky.social, where he discusses the rise of elite deviance & explains why the rich often evade accountability—it's a timely reminder of the risk when the wealthy operate above the law. Listen at the following link: bit.ly/MichaelHobbes

submitted 12 days ago • 0 comments

The CFPB is one of the American people’s best defenses against waste, fraud, and abuse. Demolishing it will, of course, lead to more waste, fraud, and abuse.

submitted 12 days ago • 1393 comments

Zoning wasn’t created to plan cities—it was created to enforce segregation. Cities couldn’t outright ban people, but they could “regulate land use.” And that’s how zoning became a tool of exclusion. 👉 https://buff.ly/4gqYZLG

submitted 14 days ago • 0 comments

For decades, people could relocate to thriving cities, earn more, and build a better life—even in the same job. But now? If you’re a janitor in Alabama and move to San Francisco, you’ll earn more, but the cost of housing will leave you worse off. 🎧 https://buff.ly/4gqYZLG

submitted 15 days ago • 0 comments

Americans used to move more than anyone else on Earth to pursue opportunity, but we're not doing it anymore. The loss of this key part of our national identity has left many feeling embittered, disempowered, and stuck. Listen to @yappelbaum.bsky.social explain. 👇 🎧 https://buff.ly/4gqYZLG

submitted 17 days ago • 0 comments

If you’re carrying a credit card balance, you’re facing record-high interest rates exceeding 22%—yet when it comes to saving money, some of those same banks pay you less than 1% on your savings. The system isn’t broken—it’s designed to funnel your money right to Wall Street.

submitted 18 days ago • 0 comments

This week, Nick and Goldy talk to author and journalist @yappelbaum.bsky.social about his forthcoming book, Stuck, which argues that the decline in housing affordability isn't just a housing problem but a mobility problem. Listen at the following link: bit.ly/YoniAppelbaum

submitted 19 days ago • 0 comments

A stable, democratic society cannot survive extreme inequality. 🎧 👉 buff.ly/42xfan9

submitted 19 days ago • 0 comments

Such administrative burdens aim to reduce the number of people with healthcare coverage, not to increase the number of people with jobs. https://buff.ly/3CsC0lu

submitted 22 days ago • 1 comment

The Supreme Court set up America’s oligarchy. It started with Buckley v. Valeo (1976) and First National Bank v. Bellotti (1978)—and now, thanks to Citizens United, there’s no limit to how many politicians the ultra-rich can own. 🎧 👉 https://buff.ly/42xfan9

submitted 22 days ago • 0 comments

Fun fact: Most Medicaid enrollees who can work already do. Medicaid work requirements aren’t about work—they’re about gutting healthcare for 36 million people, and people in every single state would lose coverage. Republicans know this. They just don’t care. https://buff.ly/3DYpqL5

submitted 23 days ago • 0 comments

Extreme inequality isn’t just an economic issue—it breaks society. People are wired for fairness. When inequality skyrockets, everything starts falling apart—crime, mental illness, and even divorce rates all rise. https://buff.ly/42xfan9

submitted 23 days ago • 0 comments

Social Security is America's most effective anti-poverty program. It lifts millions of kids & adults under 65 out of poverty. Imagine looking at a program that keeps 22 million people out of poverty and deciding it’s wasteful spending that needs to be cut. That's the GOP's plan for Social Security.

submitted 24 days ago • 1 comment

Under California law, price increases over 10% during a state of emergency are considered illegal price gouging, but victims are generally more interested in finding a place to live than in filing a consumer protection claim. https://buff.ly/3Eh2ret

submitted 24 days ago • 0 comments

The billionaire-funded economic echo chamber is real. The result? A new generation of economic and political professionals trained to believe oligarchy is the best form of government. Listen to @hartmannreport.com explain on our pod 👇 bit.ly/THartmann

submitted 24 days ago • 0 comments

If we really cared about a responsible federal budget, we wouldn’t be handing out trillions in tax breaks to the richest people in the history of the planet. Full stop.

submitted 25 days ago • 2 comments

The Rent Brigade exposed over 1,300 listings that violated California’s price gouging law, with some rent hikes as high as 46%. This is greed, plain and simple. Predatory landlords must be held accountable for price gouging people who have lost everything. laist.com/news/housing...

submitted 25 days ago • 0 comments

Trump’s budget pick, Russell Vought, told the Senate that tax cuts increase revenue. That’s classic trickle-down BS—and it’s 100% false. Trump’s last tax cuts slashed revenue to record lows. They don’t pay for themselves; they just make the rich richer. https://buff.ly/40u2VVO

submitted 25 days ago • 0 comments

A giant, radical memo from House Budget Committee Republicans was recently leaked. It’s a menu of all the tax breaks they want to give to the wealthy and corporations—and all the stuff they could cut to pay for it. Everything you need to know, a thread 🧵

submitted 25 days ago • 7 comments

We’re just over a week past the presidential inauguration, and while inaugurations might seem like empty pageantry, they reveal a lot—especially about what a president values and who they serve. 🧵 1/9

submitted 26 days ago • 1 comment

With the revelation that Trump has appointed the wealthiest cabinet in U.S. history, we're revisiting our 2021 conversation with @hartmannreport.com, who explains how the wealthy consolidate power & undermine democratic governance. Listen at the following link: bit.ly/THartmann

submitted 26 days ago • 1 comment

U.S. policies pushed Mexico’s neoliberal leaders to sell the country as a low-wage haven—offering starvation wages to attract investment. The result? A dismantled state, suppressed wages, and millions were forced to leave their homes in search of opportunity.

submitted 28 days ago • 0 comments

One of the most interesting revelations from this week’s podcast is how former Mexican president López Obrador demonstrated how leaders can communicate directly to voters by bypassing corporate-controlled media. Listen to how he did it.👇 https://buff.ly/40MSwWV

submitted 29 days ago • 2 comments

We've often championed a type of patriotic progressivism that puts people first b/c investing in people is good for economic growth—and over the long term, those investments pay for themselves. This kind of thinking was part of the Morena Party’s electoral success— but they call it something else.

submitted 30 days ago • 0 comments