You Are Being Lied 2

# affordability

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The world's richest 0.001% now control 3x as much wealth as the entire bottom half of humanity combined. 56,000 wealthy individuals have more than roughly 4 billion people. Read that back.

— Robert Reich (@rbreich.bsky.social) 2025-12-12T19:15:10.035606Z

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Americans are expected to spend more than ever on holiday gifts—but they’re cutting back on nonessentials to afford it.

— Forbes (@forbes.com) 2025-12-12T15:05:04.841Z

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Trump calls affordability a "hoax." Meanwhile, a Joint Economic Committee report estimates that his tariffs have cost the average household an extra $1,200 this year. Tariffs are regressive — taking a higher percentage out of the paychecks of working people than the rich. "New Golden Age."

— Robert Reich (@rbreich.bsky.social) 2025-12-11T22:15:11.839324Z