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X @The Economist
The Economist· 2025-09-01 12:20
Worried that too little of your firm’s revenue flows into wages? Since the gains of your hard work are going to shareholders, it might help to be one of them https://t.co/LXEJ8uqB0n ...
X @Bloomberg
Bloomberg· 2025-08-28 00:20
Thousands of workers are set to rally in Jakarta and 38 other Indonesian provinces on Thursday to demand higher wages and lower taxes, marking a second major street protest this week https://t.co/xLsBON7AtH ...
Midterms & 2028 Election: The Biggest Issues The US Faces - Chamath Palihapitiya
All-In Podcast· 2025-08-26 15:00
Midterm & 2028 Election Key Issues - The economy is expected to be a major determinant in the midterms, influencing safety, security, immigration, tariffs, and rates [2][9] - Interest rates are identified as a significant swing factor, with concerns about the Federal Reserve's data interpretation [2] - Real wages, housing, education, and healthcare are highlighted as key issues that are not being adequately addressed by some political figures [10][11][12] Political Candidacy & Strategies - Being ahead early in the Republican primary process is seen as a disadvantage [4] - The Democratic party faces a challenge in balancing socialist-leaning primary dynamics with the broader electorate's preferences [7] - A potential Democratic strategy involves focusing on stagnant real wages and issues like minimum wage, unaffordable education, and housing [10][11][12] - Emphasizing a candidate's record, particularly in states like California, is suggested as a way to attack performative politics [19][20] California's Economic & Social Landscape - California faces challenges including high taxes, poor public services, a significant budget deficit (turning a $75 billion surplus into a $20 billion deficit), high rates of poverty, homelessness, inequality, illiteracy, and wage stagnation [20][21][22] - Despite having the fourth largest economy in the world, California struggles with high housing and energy costs, as well as high rates of retail crime and frivolous lawsuits [21][22][23] - Businesses are reportedly leaving California due to these issues [24] State Comparisons & Democratic Candidate Evaluation - An AI-driven analysis ranks Maryland, Michigan, and California based on quality of life, cost of living, and crime, with Maryland ranked highest overall [26][27][28] - Democratic voters will need to consider the records of potential candidates from California, Maryland, and Michigan [28] - Based on the AI analysis, Wes Moore (Maryland) and Gretchen Whitmer (Michigan) are ranked higher than Gavin Newsom (California) based on facts [29]
X @The Wall Street Journal
Immediately preceding and following the pandemic, wages for poor workers began rising much faster than they did for the rich. That era may have now come to at least a temporary halt. https://t.co/VVjdvZdE96? ...
X @s4mmy
s4mmy· 2025-08-14 17:22
Unfortunately the gap between wages and asset prices is only going to broaden.Job displacement will be exacerbated by technology, particularly AI.It’s no wonder the rich are building bunkers, I don’t see how this doesn’t end with a revolt.If UBI isn’t the solution, what is?CL (@CL207):more and more people cat see is struggling to get joball while wage has been dropping all time lows if you compared to cost of living / rent / asset pricesand since a lot of investing ppl follow cat, if one thing you can do fo ...
X @The Wall Street Journal
Immediately preceding and following the pandemic, wages for poor workers began rising much faster than they did for the rich. That era may have now come to at least a temporary halt. https://t.co/1hp5EE9up5? ...
X @Bloomberg
Bloomberg· 2025-08-05 23:59
Wage Trends - Japanese workers' nominal wages increased, indicating successful annual negotiations with employers [1] Monetary Policy Implications - The wage increase has led to market speculation about a potential interest rate hike by the Bank of Japan [1]
X @The Wall Street Journal
Wages have risen, but inflation in food and housing means families are struggling https://t.co/Bp8w48F3fs ...
X @Bloomberg
Bloomberg· 2025-08-01 13:06
House prices in the UK have gone nowhere in the past three years, while average wages have risen significantly. Believe it or not, that means affordability - in terms of house prices to income - is at its best since at least 2015. https://t.co/tgGu2THoBh ...
Watch CNBC's full interview with National Economic Council Director Kevin Hassett
CNBC Television· 2025-07-30 14:34
GDP Growth & Economic Strength - US economy grew stronger than expected in Q2, driven by trade balance and consumer strength [1] - Strong GDP growth and income growth were observed [2] - The GDP release showed overall economic strength [4] - Real income grew by 3% [7] Tariffs & Trade - $127 billion in tariffs were collected [3] - Imported goods prices have dropped, suggesting foreign producers are bearing tariff costs [6] - Revenue from tariffs is important for deficit reduction [19] - Approximately 40% of imports have a 10-15% tariff [21] - The EU and Japan have agreed to spend $1 trillion in America with capital formation [21] Government Spending & Employment - Government spending saw a 5% drop [3] - There are 70,000 fewer federal employees [3] Housing & Construction - Construction spending was a point of weakness in the numbers [10] - Construction projects were held up due to anticipation of the "big beautiful bill" [11] Monetary Policy - Core PCE is at 21% [8][14] - The White House respects the Federal Reserve's independence and analysis [14]