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U.S. workers just took home their smallest share of capital since 1947
- kristianp 9mo agoIt's actually the share of GDP, not capital, which makes sense if record amounts are being spent on data centres and nvidia GPUs.
- SilverElfin 9mo agoIt’s worse than these numbers suggest. Rich technocrats are getting large government handouts in the form of contracts, deregulation, etc. Everyone is getting poorer as Trump and his big donors (Musk and Thiel and friends) add massive debt to the country. Eventually we will suffer and be a lot poorer when the debt has to be paid by printing money.
- jauntywundrkind 9mo agoAnd expenses on health care and housing and everything else are up up up. Those didn't really affect wealthy people much but absolutely put the squeeze on the mere mortals.