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For middle-class and working-class Americans, most new cars and homes—two foundations of what we’ve long regarded as a middle-class life—are now out of reach.

buff.lyHow Inequality Killed the Affordable American Car - The American ProspectGiven the upward redistribution of wealth and income, it now pays a company to sell just to the rich.

4/5/26, 8:00 pm16 reposts31 likes

Ric Steinberger

@ricst.bsky.social

4 May

In the 30 years after WWII, the US was a country that (mostly) supported all income levels (with obvious racist and sexist exceptions). But in the late 1970s, the wealthy and big corporations started fighting back (the Powell memo story). They have mostly won, at least so far