“Why don’t poor people just invest their money?” 🙄
“Segregation, King said in a 1965 speech, is what the poor white man in the South got instead of decent wages. “And when his wrinkled stomach cried out for the food that his empty pockets could not provide, he ate Jim Crow, a psychological bird that told him that no matter how bad off he was, at least he was a white man, better than the black man.”
The Rev. William Barber said Wednesday at Tulane that an alliance of poor people could reshape government.
Millennials are killing countless industries — but the Fed says it’s mostly just because they’re poor
NEWSFLASH: When people don’t have money it’s bad for the economy
“Millennials are less well off than members of earlier generations when they were young, with lower earnings, fewer assets, and less wealth. … Conditional on their age and other factors, millennials do not appear to have preferences for consumption that differ significantly from those of earlier generations,” the report reads.”
Millennials have been blamed for killing plenty of industries. But according to the Federal Reserve, it’s not their fault.
America’s working class is falling further behind.
Who’s destroying America? The poor person who receives $120 a month in food subsidies, or the multinational corporations that pay no tax and get hundreds of billions of our money per year?