In 1950, median INDIVIDUAL income was $1,971. A median home cost $7,354. The nation spent about $83 per person for healthcare. A four-year college degree cost $852.

Do the math. 3.73 years of work to buy a house. One week of work for healthcare. Less than two months for a college degree.

In 2023, median personal income was $42,220. A median home costs $429,000. Healthcare runs $14,570 per person per year. A four-year degree costs nearly $40,000.

10.16 years of work to buy a house. Twelve weeks of work for healthcare. More than ten months for college.

https://www.americasundoing.com/p/it-works-if-you-work-it

#workingclass #classwar #poverty #wealthgap #capitalism #inflation

In 1950, median INDIVIDUAL income was $1,971. A median home cost $7,354. The nation spent about $83 per person for healthcare. A four-year college degree cost $852.

Do the math. 3.73 years of work to buy a house. One week of work for healthcare. Less than two months for a college degree.

In 2023, median personal income was $42,220. A median home costs $429,000. Healthcare runs $14,570 per person per year. A four-year degree costs nearly $40,000.

10.16 years of work to buy a house. Twelve weeks of work for healthcare. More than ten months for college.

https://www.americasundoing.com/p/it-works-if-you-work-it

#workingclass #classwar #poverty #wealthgap #capitalism #inflation

…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

Others who were part of the email chain included Almodovar, the CEO; COO Peter Akwaboah; Devang Doshi, a snr VP for capital markets; & John Roscoe, a #BillPulte loyalist & fmr #Trump White House aide, who served as #FannieMae’s executive VP of PR & operations.

Days later, Almodovar, McCoy & Evans…were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

…Soon, a team at #FannieMae was overseeing an effort to pull together a tranche of #mortgage data, according to emails reviewed by the AP. Smith played a central role and shared the #confidential lender-level pricing information with #FreddieMac, which set off alarms at both companies, according to the emails.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump

#BillPulte ’s power over the #mortgage lending industry is unusual. Not long after his #Senate confirmation, he appointed himself chairman of both #FannieMae & #FreddieMac, which hold trillions of dollars in assets. The companies serve as a crucial backstop for the home lending industry by buying up mortgages from individual lenders, which are packaged together & sold to investors.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

…The Wall Street Journal reported this week that some #FannieMae #ethics & #oversight officials who were fired last month had been investigating whether #BillPulte improperly obtained #mortgage information for #LetitiaJames, who was charged last month with bank fraud after Pulte sent a criminal referral to the #DOJ. She said the charges, which she denies, are politically motivated.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #Trump

Since his appointment to lead the FHFA, #BillPulte has sought to ingratiate himself with #Trump. The 37-yr-old scion of a homebuilding company fortune, Pulte has cultivated a reputation as a hyper-online millennial with a thirst for recognition & a desire to please Trump. He & his wife also donated about $1 million to Trump’s campaign….

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

#BillPulte also has focused on large home #construction companies, which have drawn #Trump’s ire. Pulte requested #confidential #FannieMae #data & has publicly signaled that he is considering a crackdown if the companies do not increase construction volume.

“I’m looking at the Fannie Mae builder data & with the top three homebuilders we buy EASILY over $20 billion in THEIR LOANS!” he posted to X in early October.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

The episode marks the latest example of #BillPulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing & gain the attention of #Trump. He’s prompted #mortgage #fraud investigations of prominent #Democrats who are some of Trump’s best known antagonists, including Sen #AdamSchiff of California, #NYAG #LetitiaJames & California Rep #EricSwalwell.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap

“This is another example of #BillPulte weaponizing his role to do Donald Trump’s bidding, instead of working to lower costs amidst a #HousingCrisis,” said Sen. #ElizabethWarren, of Massachusetts, the ranking #Democrat on the #Senate #Banking Committee. “His behavior raises significant questions, & he needs to be brought in front of #Congress to answer them.”

#law #scammers #housing #affordability #CostOfLiving #WealthGap #Trump

Emails reviewed by The AP show that #FannieMae executives were unnerved about what one called the “very problematic” disclosure of data by Lauren Smith, the company’s head of marketing, who was acting on Pulte’s behalf.

#law #scammers #housing #HousingCrisis #affordability #CostOfLiving #WealthGap #BillPulte #Trump

…The [forced] treatment-first approach, embodied by #Trump’s plan, pledges swifter action to address what it calls the “root causes” of #homelessness, like drug abuse & mental illness. But it risks consigning to worse destitution & danger those who cannot or do not comply. It also does not address another root cause of homelessness, soaring #housing costs [‼️].

#Trump #law #policy #unhoused #WealthGap #affordability #CostOfLiving #SocialCleansing #EconomicDiscrimination #plutocracy #USpol

#Trump admin renews #SCOTUS appeal to keep full #SNAP payments frozen

The request is the latest in a flurry of legal activity over how a program that helps buy groceries for 42 million Americans should proceed during the historic US govt #shutdown. Lower courts have ruled that the govt must keep FULL payments flowing, & SCOTUS asked the admin to respond after an appeals court ruled against it again late Sunday.

#law #Plutocracy #hunger #poverty #WealthGap #FoodStamps
https://apnews.com/article/snap-food-benefits-trump-government-shutdown-c633d646f08f395e7d157d1145eaf727?utm_source=onesignal&utm_medium=push&utm_campaign=2025-11-10-Breaking+News

#Trump admin renews #SCOTUS appeal to keep full #SNAP payments frozen

The request is the latest in a flurry of legal activity over how a program that helps buy groceries for 42 million Americans should proceed during the historic US govt #shutdown. Lower courts have ruled that the govt must keep FULL payments flowing, & SCOTUS asked the admin to respond after an appeals court ruled against it again late Sunday.

#law #Plutocracy #hunger #poverty #WealthGap #FoodStamps
https://apnews.com/article/snap-food-benefits-trump-government-shutdown-c633d646f08f395e7d157d1145eaf727?utm_source=onesignal&utm_medium=push&utm_campaign=2025-11-10-Breaking+News

With little public scrutiny, the #Trump admin is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies & wealthiest investors.

The #Treasury Dept & #IRS, through a series of new notices & proposed #regulations, are giving breaks to giant #PrivateEquity firms, #crypto companies, #foreign #RealEstate investors, #insurance providers & a variety of multinational #corporations.

#aristocracy #plutocracy #WealthGap #law #USpol

How the #Trump Administration Is Giving Even More #TaxBreaks to the #Wealthy

The #Treasury Department & #IRS are issuing rules that provide hundreds of billions of dollars in tax relief to big #corporations & the #ultrarich.

#law #SeparationOfPowers #aristocracy #plutocracy #WealthGap #USpol
https://www.nytimes.com/2025/11/08/business/trump-administration-tax-breaks-wealthy.html?smid=nytcore-ios-share&referringSource=articleShare

#Trump & congressional #Republicans have attacked federal workers as instruments of the “deep state,” exercising power beyond anything authorized by the #law. Now the administration is doing the same thing, several #tax experts said, undermining laws that hit the #ultrawealthy & big #corporations.

#aristocracy #plutocracy #WealthGap #USpol

With its various #tax relief provisions, the admin is now effectively adding hundreds of billions of dollars in new breaks for big businesses & investors. The #Treasury is empowered to write rules to help the #IRS carry out tax laws passed by #Congress. But the aggressive actions of the #Trump admin raise questions about whether it is exceeding its legal #authority.

#aristocracy #plutocracy #WealthGap #USpol #law