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Income Inequality

Inflation is now becoming a global issue as the pandemic and war rages across the world, especially with gas and food prices. A ’news anchor’ who doesn’t understand how the global economy works is Sean Hannity, who rehashed old talking points about the Biden administration causing inflation while failing to recognize that world events like Russia’s invasion of Ukraine have had a profound impact on global inflation.April 13

A viral TikTok from an ex-Walmart greeter reveals why he permitted customers to shoplift expensive childcare items like baby formula and diapers. User Brandon Tamayo justified his actions by arguing that childcare item prices are rapidly rising, not having an incentive to stop shoplifters, and working for poor wages.April 1

President and co-founder of investment firm BlackRock, Rob Kapito, is worried that our current inflation will lead to "scarcity inflation", saying that this “very entitled generation” will have no idea how to react if all items aren’t readily available at a moment’s notice. BlackRock is one of the world’s largest investment firms, managing $10 trillion in assets and the president could not be further from the realities of the real world. March 30

Russian oligarch are caught in an interesting predicament as Instagram posts are being used to identify and track down their mega-yachts around the world. Investigators are using photos from family members, wives, girlfriends, and in one case, a hired escort.March 30

Bloomberg is getting dragged online for publishing an op-ed that argues that inflation can be combatted against with a few ‘easy’ lifestyle changes, like neglecting your sick pets or substituting real meat for lentils and beans. IT’s also important to mention that this advice only applies to Americans making less than $300,000 a year. March 21

The housing market has reached frightening heights and which has people looking elsewhere for home buying. John Iadarola and Ana Kasparian break it down on The Damage Report. Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport Read more here: Californians are fleeing to Mexico to escape outrageous housing prices https://fortune.com/2022/02/16/how-expensive-is-california-housing-market-mexico-home-prices/ "Southern California might be a great place to live, but the pandemic and an expensive housing market have pushed many residents to move—like, all the way to Mexico. Year-over-year home prices in the Los Angeles metro area were up 15.2% in 2021, while prices in Southern California overall went up 15.4%, according to a report by Norada Real Estate Investments. Shockingly, almost half of America’s “million-dollar cities,” where the average price of a home is at least $1 million, are in California, according to a Zillow study published today. The Los Angeles metro area has 57 million-dollar cities, and the state of California has 44% of all million-dollar cities nationwide. For residents in these cities, affordable housing is increasingly found over the southern border." #TheDamageReport #JohnIadarola #TheYoungTurksMarch 10

Inflation has just hit a 40-year high as more Americans are feeling the strain of increased food, gas, and housing prices. However, there is one subset of American society that isn’t feeling the effects: profit-hungry corporations.March 10

Florida Senator Rick Scott couldn’t contain his excitement when doubling down on his plan to raise taxes for most Americans if Republicans retake the Senate majority after this year’s midterm elections. In an interview with Laura Ingraham, Scott detailed that his plan would specifically go after Americans who don’t pay any income taxes, like the people who want “free government stuff”.March 8

Jahkil Jackson, best-selling author and founder of Project I Am, enters The Bullpen to discuss his philanthropy with Dr. Rashad Richey on Indisputable. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Hosts: Dr. Rashad Richey, Jahkil Jackson Cast: Dr. Rashad Richey, Jahkil JacksonFebruary 23

Karen loses her cool on a Tesla driver with expired tags. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Read more HERE: https://www.dailydot.com/irl/karen-expired-tags-tiktok/ "A woman, dubbed a “Karen” by some viewers, screamed at a nearby driver for having expired tags in a viral TikTok." VIDEO: https://www.tiktok.com/@taliacasselololol/video/7060684811031219502?referer_url=https%3A%2F%2Fwww.dailydot.com%2F&referer_video_id=7060684811031219502&refer=embed Hosts: Dr. Rashad Richey, Adrienne Lawrence Cast: Dr. Rashad Richey, Adrienne LawrenceFebruary 15

A bank denies a Black doctor's first check from her new job. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Read more HERE: https://www.newsbreak.com/news/2504044007288/houston-doctor-sues-jpmorgan-chase-claiming-she-was-barred-from-cashing-16-000-check-because-she-is-black?_f=app_share&s=a7&share_destination_id=NzUwNjU1NDgtMTY0Mzk2MjA2MjA0Nw==&pd=054xyekr&hl=en_US "A doctor in Houston , Texas is suing JPMorgan Chase Bank after claiming that she was discriminated against and denied service because of her skin colour." Hosts: Dr. Rashad Richey, RayyVana Cast: Dr. Rashad Richey, RayyVana February 8

A heroic 6 year old saves his sister from a car accident. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Read more HERE: https://www.blackenterprise.com/6-year-old-alabama-boy-hailed-a-hero-after-getting-hit-by-car-while-saving-his-sister/ "A 6-year-old boy who was hit by a car while saving his sister was hailed a hero after returning home from the hospital." Hosts: Dr. Rashad Richey, Jackson White Cast: Dr. Rashad Richey, Jackson WhiteFebruary 7

TikTok users have started a new humiliating trend by asking Amazon delivery drivers to dance for them in from of the doorbell surveillance cameras so they can post the content online. Many drivers feel pressured to engage in the embarrassing behavior in fear of receiving a bad review or customer complaint.February 4

The city of Rotterdam, Netherlands is reportedly planning to tear down the historic De Hef/Koningshaven Bridge to allow Jeff Bezos' mega-yacht to pass through and go to sea. Bezos is apparently paying for the bridge to be taken down since it obstructs the only route to go to sea.February 3

Daycare workers in the Washington, D.C. area will receive $10,000 checks from the government in tax money from the city's richest citizens. The D.C. City Council unanimously voted to set $53 million in taxes aside since 2021 to raise the pay of day-care workers.February 2

19-year-old Jack Sweeney has been tracking and documenting Elon Musk's private jet flights on Twitter has been offered a measly $5,000 sum by Musk to take down the account. Musk is worried that this account and others that track his whereabouts are security risks, however he is the world's richest man with unlimited resources available to him, so I think he'll be alright.February 1

The Washington Post published a puff piece sucking up to billionaire hedge fund manager Leon Cooperman, claiming that Cooperman is a shining example of the American Dream and what a billionaire should be. January 31

California Gov. Gavin Newsom has just received state funding to combat the homelessness crisis in California cities by clearing out shantytowns and tent cities to move these people into indoor facilities. Author Michael Shellenberger joins TYT to discuss how we can solve California’s, and the nation’s, homelessness crisis.January 25

Students at UPenn’s Wharton School of Business were asked by professor Nina Strohminger to guess what the average American citizen makes in a year.January 20

A man donated 60 donated 60 vehicles to families in need in rural South Carolina. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Read more HERE: https://atlantablackstar.com/2022/01/03/restaurant-owner-donates-over-60-vehicles-to-families-in-need-in-rural-south-carolina-community/ "This summer, Eliot Middleton, a South Carolina restaurant owner and former auto mechanic, made headlines when it emerged that he had given away more than 30 used cars that he personally repaired to needy people in his rural McClellanville community. Since then the mechanic has continued his efforts and even did a giveaway for the holiday season." Hosts: Dr. Rashad Richey, David Shuster Cast: Dr. Rashad Richey, David ShusterJanuary 7

America billionaires have had a great time during the COVID-19 pandemic, collectively raising their wealth by around $1 trillion in 2021 alone. And the best part: none of these gains will ever be taxed unless the billionaires sell the assets themselves, something that rarely happens.January 5

Watch this author's amazing response to a CSPAN caller. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Read more HERE: https://www.rawstory.com/heather-mcghee-cspan/ "Author Heather McGhee responded to a racist Republican on Tuesday after he asked her if she fights against the supremacy of her 'white blood.'" VIDEO: https://youtu.be/vjqOrFsTJLg Hosts: Adrienne Lawrence, Jackson White Cast: Adrienne Lawrence, Jackson WhiteDecember 29

Amber Athey, Washington editor for The Spectator, enters The Bullpen to discuss Joe Manchin and Biden's Build Back Better plan. Tell us what you think in the comments below. Hosts: Dr. Rashad Richey, Amber Athey Cast: Dr. Rashad Richey, Amber AtheyDecember 22

The largest modern mansion in America, known as “The One”, will hit the open market in January with a reported price tag of $250 million. With the extremely limited group of people that could afford such extravagance, it will be interesting to see what the mansion sells for and who will buy it. December 16

Residents at a military base in Oahu, Hawaii have been instructed to not drink the tap water as it contains dangerous levels of gasoline and diesel fuel.December 14

A bank manager was fired after refusing a Black man's check. Dr. Rashad Richey discusses on Indisputable. Tell us what you think in the comments below. Read more HERE: https://www.facebook.com/nekima.levypounds/posts/1829985640505383 "Friends, Thank you to everyone who made phone calls and sent emails to U.S. Bank about the racial discrimination and criminalization Joe Morrow experienced while simply trying to cash his hard earned paycheck at a branch in Columbia Heights." Hosts: Dr. Rashad Richey, Dr. Johnathan Metzl Cast: Dr. Rashad Richey, Dr. Johnathan MetzlDecember 14

Stan Veuger, a senior fellow in economic policy at American Enterprise Institute, enters The Bullpen to discuss taxation under Donald Trump and Joe Biden. Tell us what you think in the comments below. Hosts: Dr. Rashad Richey, Stan Veuger Cast: Dr. Rashad Richey, Stan VeugerDecember 13

Shalabh Kumar, an Indian-American entrepreneur, enters The Bullpen to discuss the state of the economy with Dr. Rashad Richey on Indisputable. Tell us what you think in the comments below. Hosts: Dr. Rashad Richey, Shalabh Kumar Cast: Dr. Rashad Richey, Shalabh KumarDecember 10

Oregon Senator Ron Wyden is drawing harsh criticism from his own son Adam Wyden, who founded and runs the hedge fund ADW Capital Partners, for wanting to impose harsher taxes on wealthy Americans. Senator Wyden also supports the closing of tax loopholes that help shield the ultra-rich from proper taxation, another point of contention between the two.December 10

The labor dispute between Kellogg's and union workers at four separate plants is heating up after an overwhelming majority of workers rejected the company’s latest proposal to end the strike. As a result, Kellogg’s will fire around 1,400 striking workers and replace them with new, permanent non-union workers.December 10

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