Victor Sierra

Socialist Economist

[Heather Long @byHeatherLong]

Inflation has nearly wiped out all wage gains since January 2025.

That's how big of gamechanger the war in Iran has been on Americans' finances.

Since January 2025:
CPI Inflation has grown +5.4%
Wages (average hourly earnings) +5.5%

This is a very different picture from President Trump's first term when wages were up over 15%, well above about 8% inflation. It helps explain the frustration many households feel right now with the economy.

[Don Winslow @donwinslow]

WAKE
THE
FUCK
UP
TEXAS

[hasanabi @hasanthehun]

we cannot allow this evil to continue.

[Morgan J. Freeman @mjfree]

Luis Ochoa is 17.
He is a U.S. citizen.

He was driving with another U.S. citizen to enlist in the Marines when he was pulled over and ripped from his car by ICE.

Someone started recording.

This is the horrific video.

While the boys were being beaten, they repeatedly tell the agents they are CITIZENS — and are ignored.

One agent told said, "I don't give a damn. Your parents can't help you now."

Both teenagers were detained for hours before being released.

They were preparing to serve this country - yet their citizenship did not protect them from being beaten, pepper-sprayed, and detained by their own government.

This is what the Nazis did then, and ICE does now.

[More Perfect Union @MorePerfectUS]

Imagine if the federal government, and the government each and every state, took corporations to task like New York City is right now.

[LongTime🤓FirstTime👨‍💻 @LongTimeHistory]

UPDATE—Mother of 17 year old boy who was beaten by ICE on way to enlist in Marines—has been deported.

Son says agents warned her to "be quiet" and "even offered us money" to not talk.

His mother bravely spoke out anyway.

She was then targeted for arrest—deported the same day.

[Markets & Mayhem @Mayhem4Markets]

It's not fair. 💔

[Victor Sierra @VictorANSierra]

@poke_doku_ C tier

[Victor Sierra @VictorANSierra]

@poke_doku_ A Tier

[unusual_whales @unusual_whales]

A Pentagon investigation report indicates that an overwhelming air assault order, severely outdated intelligence, and an overreliance on AI tools like Palantir’s Maven Smart System contributed to the February 28, 2026, U.S. Tomahawk missile strike that hit an elementary school in Minab, Iran, killing scores of civilians, predominantly children, per Bloomberg

[Victor Sierra @VictorANSierra]

@poke_doku_ S tier

[Caroline @carolinekwan]

Kanye West did a song titled Heil Hitler and is currently doing a concert tour, which has included multiple dates at Raymond James stadium in Tampa that has banned Macklemore for saying end the genocide & free Palestine

fucking absurd

[CSPAN @cspan]

"My father Michael Massaroli...you do my dad's legacy and the legacy of all these victims no honor by using this tragedy to spread hate. We have seen a medley of people come up today, of all races, all religions, all creeds and this tragedy is just that, it's a tragedy. I've had to grow up and spend the past 25 years seeing people use it to hate on our Muslim brothers and sisters, to hate on people who don't look like them. That's wrong. That does no honor to the victims here...please stop."

Full video here: https://t.co/nWIx9b9yGR

[Robert Reich @RBReich]

See this chart?

Workers’ share of the nation’s income is at the lowest it’s been since records began in 1947. Corporate profits’ share, on the other hand, is the highest it’s been since 1950.

This is why we must build back worker power.

[Dr. Abdul El-Sayed @AbdulElSayed]

Yesterday’s bond market selloff is a a ringing alarm bell about the future of the economy under Trump’s mismanagement.

Treasury bonds are the pillars of America’s economy. When they shake, the whole thing shakes. Traders are selling them off because they understand that Trump’s war and trade war are making things more expensive, and he’s pressuring the Fed to keep it from doing its job despite the rising inflation he’s creating. It’s triggering a lack of trust from the market—and a selloff.

Why’s he doing this? He’s risking the future of the economy itself to inject the economy with a temporary sugar high through the midterms for his political gain. What’s the consequence for us?

Everything is about to become a lot more expensive than it already is. Mike Rogers will say nothing because he’s corporate, corrupt, and a coward.

[Ryan Hall, Y’all @ryanhallyall]

The ocean off San Diego just hit 80°.

That is NOT normal for California.

Some buoys are reading Florida-level water temps, and LA just tied its most humid day on record.

Now Category 4 Hurricane Karina is sending big swell into those same beaches.

Warm water. Dangerous rip currents.

If you’re hitting the beach for Labor Day, stay near a lifeguard.

[Heather Long @byHeatherLong]

The big problem: Inflation is wiping out all wage gains.
This has been happening for 4 months now

This is why people are dipping into their savings and/or turning to credit. Yes, consumption has looked pretty good lately. But can that continue?

For middle-income and lower-income Americans, this is the key issue. There will likely be some belt-tightening ahead.

[Mayor Zohran Kwame Mamdani @NYCMayor]

Benjamin Netanyahu is a war criminal.

[Victor Sierra @VictorANSierra]

@egoraptor Crash Bandicoot: Wrath of Cortex has a hub world and kicks you out each level completed until the boss battle