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that small upward spike there in 2021-22 is like half of what drove the billionaire class completely nuts

Mike Konczal@mtkonczal.bsky.social

BLS this morning, with revised 2Q data: "The labor share, which is the percentage of output that accrues to workers in the form of compensation, was 52.8 percent in the second quarter of 2026, the lowest level in the series, which begins in the first quarter of 1947."

and the subsequent collapse in 2025-26 was a principal goal of spending billions to elect Trump. as Carlin said they want more for themselves and less for everybody else

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The very idea that the proles might get back to the heady days of the early 2000s. What a horror. There really seems to be something fundamentally broken in people who aspire to hoard so much wealth.

you think to yourself, it can't just be that. It can't actually be "we want what's worst for everyone but ourselves," then you look at the way they actually talk about power and wealth and the supreme court and presidency and no they actually believe it is their God given right to control all.