Tag: wealthy

Robert Reich Is Wrong About Billionaires—and Almost Everything Else

Posted on by Lone Candle

“Capitalists create new wealth. They don’t take a big slice of the pie and leave us a sliver. If they get rich, it’s because they find ways to bake lots of new pies.
That’s what’s happened in America. Its why today, even poor Americans have access to things European kings only dreamed about.

Capitalists can get rich only by making all of us better off.

Actual economist Dan Mitchell explains, “Billionaires only kept 2.2 percent of the additional wealth they generated….The rest of us captured almost 98 percent of the benefits.””

https://reason.com/2024/09/25/robert-reich-is-wrong-about-billionaires-and-almost-everything-else/

Trump, Vance, and The Republican Anti-Worker Playbook | The Weekly Show with Jon Stewart

Posted on by Lone Candle

Republicans like Vance and Trump use populist and pro-worker rhetoric, but their policy is pro-business and helps the wealthy.

https://www.youtube.com/watch?v=ZrJgWsj7Qhw