Independent thinking for complex markets and current events
🚨🚨 Oakland just elected a new mayor who thinks a $50 minimum wage will solve inflation pic.twitter.com/MFO9cWpwkp — JOSH DUNLAP (@JDunlap1974) February 1, 2026 Barbara Lee got sworn in as Oakland Mayor back in May 2025 and she aint wasting no time bringing back that $50 an hour wage talk. She keep pointing at that …
New Yorkers will see minimum wage hikes on New Year’s Day, with the rate rising to $17 per hour in the Big Apple, Westchester and Long Island while reaching $16 in the rest of the state. The $0.50-an-hour hikes will mark the third minimum-wage increase in three years and come as nearly two dozen states …
Read more: https://t.co/2YyHIZcWMw. — More Perfect Union (@MorePerfectUS) November 25, 2025
Eliminating the tipped wage in D.C. has led to higher prices and fewer restaurant jobs. https://reason.com/video/2024/11/21/why-these-workers-want-a-lower-minimum-wage/ — When labor activists came to Washington, D.C. demanding higher wages for restaurant workers, they clashed with an unexpected adversary: restaurant workers. A few decades ago, waiting tables or bartending in the nation’s capital could be quite lucrative. “The …
Soon they will start approving 40-50yr mortgages to pretend its affordable because “the monthly payment is only 60% of your income, totally affordable!” I’ve been saying this for years. It’s the high prices not the rate. It’s time for the housing market to come to terms with this. pic.twitter.com/QlTT7uBDVR — QE Infinity (@StealthQE4) October 27, …
The second the U.S. went off the Gold Standard, workers have gotten their wealth stolen from them via suppressed wage growth byu/RobertBartus inEconomyCharts Home prices need to fall -40% or incomes need to rise +60% just to return the housing market to 2019 levels. Generational crisis. pic.twitter.com/wFkvoKjUhL — Spencer Hakimian (@SpencerHakimian) September 22, 2025
They say the economy’s fine. That’s the first lie. You walk through any town that used to have factories, used to have warehouses, used to have jobs, and you don’t see recovery. You see silence. Long-term unemployment just hit a post-pandemic high. That means people aren’t just out of work. They’ve been out for half …
With over 800,000 job losses and counting in 2025 so far and I’m almost impossible job market were even well qualified. Individuals are having a hard time landing a new job. This could easily be the worst job market ever. Unless you are a college student fresh out of school that is buried in student …
Real wage purchasing power down 89% since gold standard ended. The average hourly wage (in gold terms) just hit a new all-time low, going all the way back to 1963 The real purchasing power of the average wage for an hour's work, has declined by 89% since the end of the gold standard in 1971 …
Student loans are cracking. Retail margins are gone. Same pressure. Different fronts. Borrowers are defaulting into wage garnishment. Retailers are stuck with early inventory and no restock window. Both moved too soon. The SAVE plan stalled. Notices went out. Interest resumed. Servicers weren’t ready. Borrowers weren’t warned. Now 3 million are set to default by …
Retirement plans get cashed out, fast food becomes unaffordable, and “feeling financially free” now means half a million a year or bust. The working class is melting down in real time, but don’t worry, the White House says the economy is strong. People are so fucking broke Last year, a record 4.8% of workers in …
Prices climbed faster than paychecks again this quarter. Beef just broke $6.12. Social Security faces a mandatory 24% slash starting January 2033. And 40% of U.S. workers now earn less than the inflation-adjusted cost of living. Indeed’s real-pay tracker posted a July spike. 43% of Americans are losing ground on purchasing power. March’s level was …
More and more older Americans are finding themselves stuck in a reality they never expected—working minimum wage jobs deep into their 60s and 70s. In this video, we take a closer look at the growing trend of baby boomers and Gen Xers who simply can’t afford to retire. With little to no savings or investments, …
Japan wage shock: Real wages plunge to -2.1% YoY, the worst in two years, and a deflationary disaster for the BOJ which puts a final nail in any hiking plans. If anything, BOJ should restart NIRP and boost QE (but it can't with Bessent watching its every move). pic.twitter.com/kAV3BNcQgR — zerohedge (@zerohedge) May 9, 2025
Oakland just elected a new mayor who thinks a $50 minimum wage will solve inflation pic.twitter.com/SKz70z8pj8 — End Wokeness (@EndWokeness) April 22, 2025
Maniacal DC Obama Judges Beryll Howell and her running dog James Boasberg – a picture of pure liberal insanity. Since returning to the White House on January 20, 2025, President Donald J. Trump has been met with an unprecedented onslaught of legal challenges from far-left activist judges and groups determined to sabotage his second term …
Osaka Ramen serves both traditional and non-traditional ramen, with a variety of broth and protein options. The menu also includes bento boxes, sides and desserts. The restaurant announced on Wednesday that it will close its doors for good in less than two weeks. “The decision to close comes amid significant challenges facing Denver’s restaurant industry, …
So public transit is a multi-trillion biz with magnificent margins, yes (that’s essentially what he’s saying)? These people sound like 1990s televangelist pastors asking for $ on TV from minimum wage workers in the rust belt. https://t.co/9HeqGCbezM — Gordon Johnson (@GordonJohnson19) January 7, 2025 I have a question here, when a robotaxi is going to …
The owner of a popular waffle shop in West Seattle said she had no choice but to shut down her business after the city’s new minimum wage law went into effect on New Year’s Day — hiking hourly pay to $20.76. Bebop Waffle Shop, which was founded by a former New York City resident more …
Struggling student loan borrowers can see if they qualify for a deferment or forbearance, experts say. If you’re out of work, you can request an unemployment deferment with your servicer. If you’re dealing with another financial challenge, meanwhile, you may be eligible for an economic hardship deferment. Those who qualify for a hardship deferment include …
The McDonald’s at San Francisco’s Stonestown Galleria has closed its doors after 30 years in business. The franchisee owner, Scott Roderick, cited two main reasons for the closure: Rent and Property Taxes: The landlord was unwilling to negotiate a long-term and sensible rent for the Stonestown location. Additionally, the property taxes and shared tenant mall fees were the highest paid for …
Truckers used to make $110K per year on average. Now many are homeless. So what happened? We dug into it as part of our new Class Room series, which looks at how jobs that used to provide a solid, middle class life now barely provide a living. With trucking, that story starts with deregulation. Big …
The moderator asked Lee to defend her call for a $50-an-hour minimum wage during the event, noting that it is “seven times the current national minimum wage of $7.25 an hour.” When asked how that would be economically sustainable for small businesses, Lee immediately said that she owned and ran a small business for over …
“But he eliminated the PTO program, first launched in 2021, at the start of the year “to prepare for the increase in wages in 2024,” he said.” “The new California law doesn’t apply to employees at full-service chains such as Chili’s or Cheesecake Factory. Lederman, the veteran franchise consultant, agreed. He said he fully expected …
Pizza Hut franchise is laying off 366 delivery drivers because of California’s new $20/hour fast food wages Two Pizza Hut operators in California are eliminating their in-house delivery services at hundreds of stores, resulting in more than 1,200 driver layoffs, according to federal employment notices reviewed by Business Insider. The layoffs, effective throughout February, affect …