this post was submitted on 03 Mar 2026
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United States | News & Politics

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Low-wage workers faced worsening affordability in 2025 as wage growth stalled (www.epi.org)
submitted 18 hours ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[โ€“] FlashMobOfOne@lemmy.world 2 points 6 hours ago (1 children)

And, as usual, the party in power's response is to gaslight us and claim that the stock market proves the poor are prospering.

As if any of that shit rolls downhill.

[โ€“] DancingBear@midwest.social 2 points 3 hours ago* (last edited 3 hours ago)

If you divided all the stocks issued in the US stock markets by issue number

and put them in a basket, chose one randomly,

there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country.

There's either millions or billions of stocks in existence, but this is still true.