"For the last 20 years we've seen 75% of industries grow more concentrated. We've seen consumer options dwindle in certain areas. We've seen options for workers in many areas dwindle.

All of that means higher prices, and it means lower wages for workers as well. One study found that the combination... was costing the typical [US] family $5000 a year."

#BharatRamamurti, 2023

https://pitchforkeconomics.com/episode/bidenomics-with-bharat-ramamurti/

#podcasts #PitchforkEconomics #NickHanauer #Bidenomics

@BalooUriza
> Every NYT story lately [simping for the billionaire class needing to be richer]

I appreciated people like Nick Hanauer who break this pattern:

https://www.nytimes.com/2016/04/21/opinion/overtime-pay-a-lifeline-for-the-overworked-american.html

I wish I had more time to listen to the podcast where he interviews heterodox economists about why the wealthy need to pay more tax, minimum wages need to be higher, etc:

http://www.pitchforkeconomics.com

#podcasts #economics #PitchforkEconomics #NickHanauer

Nick Hanauer on Biden’s Middle Out economic policies.

“Biden has accomplished more to support working and middle-class Americans in his first two years in office than the last six presidents combined.”

“Because when the middle class does well, the poor have a ladder up and the wealthy still do very well. We all do well.”

https://prospect.org/economy/2023-02-09-biden-middle-out-agenda/

#economics #middleout #potus #biden #pitchforkeconomics #nickhanauer

“The economy is the operating system of the world, and if its a crappy operating system, you get a crappy result”
- Nick Hanauer

#pitchforkeconomics #economics #nickhanauer

Reading The True Patriot by Eric Liu and Nick Hanauer

As with their other pamphlet books, documenting great concepts that really need to be communicated widely.

Published in 2007, #TruePatriot is just as relevant now as then.

#PitchforkEconomics