The Sept CPI report highlights the success of public investments in domestic supply chains, manufacturing, clean energy, & support for workers. The Fed should normalize interest rates to give families relief from the high cost of borrowing & ensure the labor market stays strong.
Today’s September CPI report shows inflation at 2.4%—the lowest since Feb 2021.
We’ve been saying it for months: we never needed to punish workers to bring down inflation. Full statement from @KittyRichardsDC. ⤵️
In its merger trial in Colorado, a Kroger executive confirms that the supermarket chain had a program that raised prices at “no-comp stores” — towns where there was no competition. It kept prices lower in towns with a Safeway (Albertsons).
Over $50 billion in tax benefits have gone to 15 corporations through the FDII deduction, while small businesses and average Americans see none of these advantages. We need a tax system that benefits everyone, not just the biggest corporations.
On average, it might be a tax cut.
But for 95% of Americans, it'll be a tax hike.
https://itep.org/a-distributional-analysis-of-donald-trumps-tax-plan-2024/
The recent lockout practices by Uber and Lyft show clear corporate greed and a complete disregard for the drivers who not only depend on these platforms for their livelihoods but keep these platforms running.
Who's afraid of @linakhanFTC?
Exactly who you'd think: The CEOs, executives, and monopolists who would prefer the anti-monopoly cops just disappear.
We encourage you to check out the below article & our interview with Lina Khan's former chief of staff 👉
Incredible data journalism. This Article shows exactly what "algorithmic wage theft" looks like. We need more than the minimum wage & data transparency: we need new laws of work to prevent algorithmic wage discrimination.
The modernization of the HSR form is a simple yet powerful step toward increasing corporate accountability. It forces large corporations to show what their acquisitions are truly about, helping to prevent shady, behind-the-scenes deals that harm workers, consumers, & competition.
Launched 50 years ago, SSI was supposed to ensure older/disabled people would never have to “subsist on below-poverty incomes.” Yet the *maximum* benefit level is just 75% of the poverty line. More than 50% of recipients live in poverty. That’s a choice.
https://www.firesidestacks.com/p/50-years-in-most-ssi-recipients-live?r=3dyngm&utm_campaign=post&utm_medium=web
To address the caregiving crisis, we need people-centered policies that prioritize fair wages, benefits, and support for caregivers, both paid and unpaid.
"This is the future of the economy. This sector. This workforce." — @aaronsojourner
A Kroger exec admitted the company hiked prices at Colorado stores in areas where it faced less competition.
Imagine what might happen if Kroger and Albertsons are able to merge their 5000 stores across 48 states?
Less competition means higher prices for you.
Kroger's "mountain no-comp zone" exposes the deceptive practices that large corporations use to squeeze consumers when they have little or no competition. A Kroger-Albertsons merger would further entrench corporate power and drive up prices for consumers.
It’s pretty hard to read something like this and still understand how a lot of folks on this site have remained willful pricing science deniers.
Inflation falls to 2.4%, the lowest level in more than three years.
Today’s September CPI report shows inflation at 2.4%—the lowest since Feb 2021.
We’ve been saying it for months: we never needed to punish workers to bring down inflation. Full statement from @KittyRichardsDC. ⤵️