There you have it. Policies that consistently make it easier for the ultra rich to get richer does not “lift all boats.” It’s not good economic policy; it’s theft from the middle class and poor in order to serve the endless greed of a tiny few.
One of the biggest myths is that billionaires are job creators
1999: 50 billionaires, 4.3% unemployment rate
2019: 607 billionaires, 3.7% unemployment
Now: 719 billionaires, 6.1% unemployment
In the pandemic, billionaire wealth grew 55% while the number of jobs dropped 5%
May 25, 2021 · 9:56 PM UTC
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