Tennessee lawmakers have passed a new congressional map, breaking up the state’s only majority-Black congressional district:
State Rep. Justin Pearson: 'These maps are racist tools of white supremacy at the behest of the most powerful white supremacist, Donald J. Trump'
🚨 do you understand what $25 billion in Mississippi actually means..
the poorest state in America.. $44,966 median income.. 28% of children in poverty.. and Amazon just chose it for data centers..
$25 billion for 2,000 jobs.. that's $12.5 million per job..
they didn't pick Mississippi to help Mississippi.. they picked it for the cheapest land.. cheapest power.. and the most desperate politicians willing to sign whatever Amazon put in front of them..
cotton plantations came for the cheap labor.. factories moved south for the no unions.. now data centers are coming for the cheap electricity and the tax breaks..
the product changes every generation.. the extraction doesn't
In 2017, the government cut the corporate tax rate from 35% to 21%. Corporations promised to raise worker wages with the savings.
Here’s what they actually did. S&P 500 buybacks jumped 55% in one year, from $519 billion in 2017 to $806 billion in 2018. By 2024, buybacks hit a record $942.5 billion. Goldman Sachs projects they’ll cross $1 trillion in 2025. Every dollar of buybacks inflates the stock price. The top 10% of Americans own 87% of all stocks. The bottom 50% own roughly 1%.
So the government cut taxes on corporations. Corporations sent the cash to shareholders. Shareholders were already the wealthiest people in the country. Then the government said “we’re all in this together.”
Run the scoreboard. Workers’ share of GDP hit 53.8% in Q3 2025, the lowest since the Bureau of Labor Statistics started tracking in 1947. It was 70% back then. Fortune 500 profits hit a record $1.87 trillion in 2024. The top 1% now hold $55 trillion in wealth. The bottom 50%, all 66 million households, hold $4.1 trillion.
The gap between corporate profits and worker compensation as a share of GDP is now the widest since World War II. Airlines are building $25,000 first-class suites while McDonald’s sells $5 value meals. Both rational responses to the same economy splitting in half.
The meme is a period drama. The Federal Reserve’s data from last quarter says the ratio is generous.