Trump Finances Go Public!

https://www.youtube.com/watch?v=Sm6p54STgrs

 

Wages aren't keeping up with inflation, with some jobs falling further behind than others - CBS News

Only about 54% of Americans say they are satisfied with their current wages, according to a new analysis from Federal Reserve Bank of New York. That represents the lowest satisfaction level since the NY Fed began tracking the measure in 2014. 

Even high-income households, which contribute about half of all consumer spending and drive economic growth, are facing bigger financial hurdles, including surging delinquencies on credit cards and auto loans, according to recent research...

https://www.cbsnews.com/news/wages-income-falling-behind-inflation-jobs-profession-education-manufacturing/

Private practice doctors aren't getting fairly paid

https://www.youtube.com/shorts/R0o0kqsIuB4

 

Student loan borrowers struggle to get into income-driven repayment plan

'The opposite of government efficiency'

https://www.cnbc.com/2025/05/20/education-department-backlog-student-loan-borrowers-struggle-to-get-into-idr-plan.html 

 

What Trump has actually done for Black Americans (Hill)

“I have done more for Black Americans than anybody with the possible exception of Abraham Lincoln,” Donald Trump has claimed on multiple occasions. “Nobody can dispute it.” 

Well, lots of people have examined his record and drawn a dramatically different conclusion. Here’s what they have found...

https://thehill.com/opinion/campaign/4966637-what-trump-has-actually-done-for-black-americans/

US workers’ share of the pie dwindles

Bureau of Labor Statistics releases latest estimate of how much labor receives of national income, showing bleak decline…

https://www.theguardian.com/us-news/article/2024/may/06/workers-income-labor-

Trump's administration delivered billions to American farmers. So has Biden. - POLITICO

The former president is using his ag record to appeal to Iowa voters. Farm income, however, rose under Biden…

https://www.politico.com/news/2024/01/14/trump-biden-farmers-00135396

Busting the “Paid What You’re Worth” Myth | Robert Reich

https://www.youtube.com/watch?v=f3NRbF_lJZI

A college major has a big impact on income. Here are the top and lowest-earning majors. - CBS News

The college majors that lead to top-paying jobs tend to be focused in so-called STEM fields, or science, technology, engineering and mathematics, according to a new analysis from the HEA Group. Founded by Michael Itzkowitz, the former director of the Department of Education's College Scorecard, HEA provides data on college costs and other topics...

https://www.cbsnews.com/news/college-major-impact-on-income-here-are-top-and-lowest-earning-majors/

Colorado gig drivers make an average of just $5.49 an hour, study finds

Although the report focuses on drivers in Denver, gig worker drivers across the US face similar issues, experts say…

https://www.theguardian.com/us-news/2022/nov/09/gig-drivers-colorado-wages-less-than-minimum-study

Does Giving Money to Mothers Boost Baby Brain Activity? (Serious Inquiries podcast, SIO321)

You might have seen the coverage recently of a study that claims to show that giving poor mothers cash payments changed their babies’ brain activity in ways associated with stronger cognitive development. So what is the study, and does it hold up to SIO science thingy scrutiny courtesy of Dr. Lindsey Osterman? Find out!

Interview: 

https://www.podbean.com/ew/dir-bcymg-128ab8a1

Living only on Social Security can be difficult. These resources can help

Living only on Social Security? Here are some tips on how to cope...

https://www.cnbc.com/2022/02/14/living-only-on-social-security-can-be-difficult-these-resources-can-help.html

What's inside the Treasury's proposal to track nearly all bank accounts - CBS News

"We are literally talking about enforcing the law that is already on the books."

https://www.cbsnews.com/news/treasury-proposal-to-report-bank-information-600/

Josh Bernstein Wants to 'Make It Harder to Vote in America' - RWW News

Radical right-wing commentator Josh Bernstein says that voters should be required to show "proof of income" before voting.
https://youtu.be/mXcRhWuVa48

Will Younger Generations Be Hit Hardest By The Coronavirus Recession? (The 1A)

Millennials entered the job market during the 2008 recession. Compared to older generations, millennials are more likely to be stuck in low-benefit, lower-paid jobs and burdened with debt. About 62 percent of millennials lived paycheck to paycheck last year. Now, younger workers are heading into an economic crisis unlike anything seen since the Great Depression.

Companies around the country are pulling job listings, cutting costs, furloughing or laying off current employees, rescinding job offers in order to stay afloat. And millennials and Gen Z appear to be bearing the brunt of the pain. A recent study found that 52 percent of people under the age of 45 have lost a job, been put on leave, or had their hours reduced due to the pandemic, compared with 26 percent of people over the age of 45.

Annie Lowrey writes in The Atlantic about the impact this will have on millennials:

They are now entering their peak earning years in the midst of an economic cataclysm more severe than the Great Recession, near guaranteeing that they will be the first generation in modern American history to end up poorer than their parents.

How will a pandemic-fueled recession affect generations differently? How can young people cope financially and plan for the future?
Interview:
https://the1a.org/segments/millenials-coronavirus-recession-baby-boomers/

Amazon and other platforms allowing payments to far-right groups | World news | The Guardian

Dozens of hate groups and racist media outlets are receiving income via mainstream payment processors such as Amazon, Stripe and DonorBox, according to a new report by the Center for Media and Democracy (CMD).
https://www.theguardian.com/world/2020/apr/28/amazon-online-platforms-far-right-splc

How much you need to save to earn $60,000 a year in interest

An “interest only” retirement plan removes one of the biggest fears about life after leaving your job: Will my money outlast me? Because if you can save enough money now, you can fund your retirement by living off your returns without ever touching your nest egg. ....
https://www.cnbc.com/2020/01/31/how-much-you-need-to-save-to-earn-60000-a-year-in-interest.html

Jared and Ivanka, Who “Sacrificed” Everything to Join the White House, Made $135 Million in 2018 - Vanity Fair:

Including a cool $4 million from President Daddy's nearby hotel.
https://www.vanityfair.com/news/2019/06/ivanka-trump-jared-kushner-2018-income

Net worth of Americans aged 18 to 35 has dropped 34 percent since 1996: study = The Hill

The net worth of the average 18- to 35-year-old has plummeted 34 percent since 1996, according to new study from accounting group Deloitte.
https://thehill.com/policy/finance/446372-net-worth-of-americans-aged-18-to-35-has-dropped-34-percent-since-1996-study

It takes a $300,000 salary to be middle class in cities like San Francisco and NYC, and a financial expert gives the 'sad' breakdown of why - Business Insider

A standard middle class home in some San Francisco neighborhoods can cost upwards of $1.8M. Sam Dogen spent 13 years working in finance on Wall Street before negotiating his layoff (and a severance package) in 2012 at age 34. He lives in San Francisco with his wife and baby and runs the blog Financial Samurai. He says that in order to comfortably raise a family in an expensive coastal city like San Francisco or New York, a household must earn at least $300,000 a year.....
https://www.financialsamurai.com/living-a-middle-class-lifestyle-on-300000-year-expensive-city/