this post was submitted on 27 Jun 2023
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I think a lot of it comes from us being sold the idea that the ultra-rich got where they are through hard work and intelligence. "The American Dream," etc.. When things like this happen, it proves that the ruling class are just as stupid as any Joe-blow off the street.
"A small loan of a million dollars…"
Which turned out in fact to be a gift of $413 million dollars obtained through tax dodges.
Generational wealth is finally (maybe) being discussed as a big issue and one which skews figures for one trying to break down our economic disparity problems. I hope it ends up helping because something has to give.