A 🔥 #podcast about who gets what and why in the economy with zillionaire class traitor & #fightfor15 advocate, @NickHanauer. #thepitchforksarecoming

Seattle, WA
If you've made the jump from Twitter to BlueSky, be sure to follow us over there at pitchforkeconomics.bsky.soci….
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Imagine getting a $1,000 raise, only to see $720 swallowed by debt. That's what's happened to wage gains for the lowest-income workers, compared to just $320 for the wealthiest. @AngelaHanks explains how debt is deepening the affordability crisis. 🎧 bit.ly/4BqgffT
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Pitchfork Economics retweeted
The economy might be growing, but regular people are barely staying afloat. Real wages are declining, the job market has stalled, and debt is eating into workers' paychecks. Appreciate @PitchforkEcon for having me on to discuss our new research with @BorrowerJustice!
How do you demand better wages when you can't afford to miss a paycheck? Debt is swallowing more than half of workers' wage gains—and weakening their power. @AngelaHanks of @TCFdotorg explains how debt worsens the affordability crisis. 🎧 ➡️ bit.ly/4BqgffT
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The economy shapes our politics. So who's shaping our elections? 🎙️ In today's bonus episode, meet @PitchforkPoli, our new podcast cousin, as Zach Silk and Richard Trent ask: Who Are the New Swing Voters? Listen and follow: pitchforkpolitics.substack.c…
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When wages don't cover the cost of living, debt fills the gap. @AngelaHanks of @TCFdotorg explains why workers need more substantial raises. 🎧 bit.ly/4BqgffT
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The economic numbers say one thing. Your bank account says another. Debt has swallowed 52¢ of every dollar in real wage gains since late 2022. @AngelaHanks of @TCFdotorg explains why debt is the missing piece of the affordability crisis. 🎧 bit.ly/4BqgffT
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How do you demand better wages when you can't afford to miss a paycheck? Debt is swallowing more than half of workers' wage gains—and weakening their power. @AngelaHanks of @TCFdotorg explains how debt worsens the affordability crisis. 🎧 ➡️ bit.ly/4BqgffT
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What if the biggest lie in economics is that it's morally neutral? Buried in the very definition of “efficiency” is a value judgment about whose interests matter most. 🎧 ➡️ bit.ly/IsabellaWeber
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What happens when the things we literally cannot live without become opportunities for extraordinary windfall profits? @IsabellaMWeber explains why the neoliberal logic of the “free market” breaks down when consumers have no choice but to pay. 🎧 ➡️ bit.ly/IsabellaWeber
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Billionaires aren't going to sacrifice their power and windfall profits to save democracy. That's not how power works. @IsabellaMWeber explains why saving democracy means challenging the economic power that's undermining it. 🎧 ➡️ bit.ly/IsabellaWeber
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An economy that works for corporate profits at the expense of working people isn't just failing its people. It's putting democracy at risk. @IsabellaMWeber joins Nick and Goldy this week to make the case for Anti-Fascist Economics. 🎧 ➡️ bit.ly/IsabellaWeber
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What if one of the best ways to tax the rich is to raise corporate taxes? @KClausing makes the case. We unpack the $4T opportunity—and why voters are on board—in this week's edition of The Pitch: civicventures.substack.com/i…
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Corporate America is ditching DEI. But at what cost? Turns out, when corporations choose exclusion over opportunity, we all pay the price. Nick Hanauer makes the case on his new Substack: nickhanauer.substack.com/p/t…
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Build more housing? Absolutely. But if landlords can jack up rents with an algorithm, and developers profit from luxury units, supply alone won’t solve affordability. So, we’re resharing our 2024 conversation with @brian_callaci & @sandeepvaheesan. 🎧 bit.ly/3VA9hV9
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Workers are earning more. They’re just not getting to keep much of it. Since 2022, a typical household gained $109/month in real take-home income—while the typical worker’s debt payments rose $57. That’s 52¢ of every new dollar going straight to debt. bit.ly/4hKntSH
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This is the only possible outcome of an economy run on neoliberal policies.
The top 0.1% of Americans now hold more than six times more wealth than the bottom half.
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Tariffs are back, and so is industrial policy! We’re revisiting our 2023 conversation with development economist @isabel_estevez_ on the central question behind both approaches: who is the economy being shaped to serve? 🎧 ➡️ bit.ly/4rR6JxT
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On our latest episode, @brendanballou explains how the fine print in your job, credit card, or cell phone contract can quietly determine whether you ever get to court, and why ending forced arbitration could change how companies treat all of us. 🎧 ➡️ bit.ly/4yt4Tpq
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Apparently, continuing to show up for work can count as agreeing to give up your right to sue your employer. In some workplaces, simply staying on the job can be treated as agreeing to forced arbitration. That’s one hell of a definition of “consent.” 🎧 bit.ly/4yt4Tpq
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Americans can't afford housing and hate data centers. Hassett: "It's a good thing you can't afford to buy a house. It means we're building a lot of data centers."
Kevin Hassett: "The higher mortgage rates are actually a good sign for the economy because corporations are borrowing money to build things like data centers instead of lending to homeowners."
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Also, manufacturing investments are at their lowest level since 2022.
American factory construction inched down to the lowest level since 2022 in official data released today as CHIPS Act projects finish and tariffs weigh on nearly all industries Total US factory construction is down 33% from its 2024 highs and 20% over the last year alone
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And yes, the only thing we're building is data centers:
The Trump Trade: factories for data centers.
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