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Monday, July 28, 2025

A recent $934 million transfer of funds to a Pentagon budget may hold a clue as to how much it will cost to renovate the Boeing 747-8 gifted by Qatar to be the next Air Force One, The New York Times reported on Sunday. Although the actual price tag is classified information, this transfer to an unnamed classified project described in a Pentagon document sent to Capitol Hill likely includes the cost of renovating the plane. read more


Wednesday, July 02, 2025

The U.S. private sector lost 33K jobs in June, a reversal from the 29K jobs added in May, which was revised down from +37K, and trailing the +103K consensus, according to data released by ADP on Wednesday. "Though layoffs continue to be rare, a hesitancy to hire and a reluctance to replace departing workers led to job losses last month," said Nela Richardson, chief economist at ADP. "Still, the slowdown in hiring has yet to disrupt pay growth." read more


Friday, June 13, 2025

The 4,000 California National Guard soldiers who President Donald Trump surged into Los Angeles remain unpaid due to delays in issuing official activation orders, leaving compensation and benefits in limbo. According to more than a dozen Guardsmen across four units who spoke to Military.com, none has received formal activation orders, the critical paperwork that not only authorizes their duty status, but also unlocks pay, Tricare health benefits and eligibility for Department of Veterans Affairs services. Without those orders, troops remain in a legal and administrative limbo. read more


Thursday, June 12, 2025

U.S. Citizenship and Immigration Services, an agency of the Department of Homeland Security, shared a photo on X this week of a State Trooper escorting a handcuffed woman. The caption reads: "Marriage fraud is a federal crime. There will not be a happily ever after for this illegal alien who was ordered removed from the U.S. 14 years ago due to marriage fraud. She was taken into custody at our Orlando office by @ICEgov and our @FHPOrlando partners. Under @POTUS and @Sec_Noem, there are consequences for breaking immigration law." read more


Thursday, June 05, 2025

The Chinese government and its state-controlled entities spent over $5.5 million at properties owned by Donald Trump while he was in office, the largest total of payments made by any single foreign country known to date, according to financial documents cited in a report from House Democrats released Thursday. read more


Comments

No it isn't and in 2021-2022 it even decreased, even globally its been decreasing since the 1990's.
Thanks to Capitalisms spread.

Could you taste the stupid when you typed that?

www.cbpp.org

Historical Trends
From the end of World War II until the 1970s, income growth was more evenly distributed, with incomes rising at similar rates across different groups.
Since the 1970s, income growth has become increasingly concentrated among the wealthiest, with the richest 1% seeing their incomes grow significantly faster than those of lower-income groups.
Factors Contributing to Inequality
Economic Policies: Tax policies and reduced unionization have contributed to the growing income gap.
Racial Disparities: Wealth inequality is also pronounced along racial lines, with white families holding significantly more wealth than Black and Hispanic families.
Market Changes: Technological advancements and shifts in the labor market have disproportionately benefited higher-income earners.
Income inequality remains a critical issue, affecting economic mobility and social stability in the U.S.

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