Roughly 800 US billionaires control a record $5.7 trillion in wealth. The bottom 50% of Americans control $3.7 trillion in wealth. When 800 people control more wealth than half a country’s population, we have a very serious problem. - ThreadSky

inequalitymedia.bsky.social • 105 days ago

Roughly 800 US billionaires control a record $5.7 trillion in wealth.

The bottom 50% of Americans control $3.7 trillion in wealth.

When 800 people control more wealth than half a country’s population, we have a very serious problem.

Comments

gobearcats.bsky.social•105 days ago

This is what fuckin happens when we give tax breaks to Corporations and the wealthy. Why is half of this country so stupid?

oneserenitynow.bsky.social•105 days ago

And yet they voted for the "billionaire."

iamjfk.bsky.social•105 days ago

We have THAT many billionaires here?

catharine212.bsky.social•104 days ago

Oligarchy.

thebestwords.bsky.social•105 days ago

By design…..

aaronfrizzle.bsky.social•104 days ago

They are all equally edible

glenjackson.bsky.social•105 days ago

And now Republicans want to give them another tax cut.
We haven’t even paid off the 25% of the national debt from the last round of #GOPTaxScams.

imthegayson.bsky.social•105 days ago

Unbelievable. 😠

morgaineswann.bsky.social•105 days ago

A cure for Psychotic Selfishness - #UBI

longmontlimey.bsky.social•105 days ago

There are so many working poor in this country because people that make $5000 per hour have convinced people that make $50 an hour that people that make $10 an hour are the problem.

valleyanna56.bsky.social•105 days ago

Yes, and these scumbags want to hurt the elderly and disabled by cutting their monies and taking away their health care
Greedy narcissistic corrupt immoral hateful evil parasites

carljanderson.bsky.social•105 days ago

So we are still waiting for it to trickle down, right?

tomstine.dev•105 days ago

It used to be that the "800" owned all the land, and so we saw quiet or violent revolutions in the 1800s. Now it is all the capital. Eventually the mass of humanity screams HELL NO! and shit happens. I think that if Trump goes full asshat (which he is), then a lot of eyes will be opened.

pcunited.bsky.social•105 days ago

Um..., pareto's principle?

pho-queue.bsky.social•105 days ago

But they're throwing us a pizza party!

lbthatsme.bsky.social•104 days ago

with a cash bar. and a bill coming later for the pizza

dlbishop.bsky.social•104 days ago

The question is, what is a legal means to actually address this? I’m not convinced that some of the tax suggestions would stand up to court scrutiny. And most tax bills are written with so many loopholes that they don’t matter .