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applegrove

(132,668 posts) Sat Apr 25, 2026, 01:35 AM 7 hrs ago

Robert Reich:

The richest Americans saw their net worth soar 120% from 2017 to 2025.

The top 1% now control .8 trillion in assets â€” more than the G.D.P. of the United States and China combined.

Meanwhile, millions of Americans live paycheck to paycheck.

Still wondering if inequality is out of control?
— Robert Reich (@rbreich.bsky.social) 2026-04-25T00:11:21.843467Z

6 replies

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Robert Reich: (Original Post) applegrove 7 hrs ago OP

I stopped wondering a long time ago. patphil 6 hrs ago #1

I wonder how much beyond that $55.8 trillion is hidden away in secret, untraceable offshore accounts or shell corps or NBachers 5 hrs ago #2

It's gonna trickle down any day now...... AZ8theist 5 hrs ago #3

Don't piss down my back and call it ... "trickle-down theory." Intractable 1 hr ago #6

When you are really hungry, remember. BidenRocks 5 hrs ago #4

More than four decades of the transfer of wealth from the Middle Class no_hypocrisy 1 hr ago #5

patphil

(9,147 posts)

1. I stopped wondering a long time ago.

Reply to applegrove (Original post)

Sat Apr 25, 2026, 02:50 AM

6 hrs ago

There needs to be an adjustment in the national consciousness.
Billionaires are a plague on society. People who only live to acquire at the expense of everyone else need to be stripped of their wealth and forced to live in trailer parks with 20 year old car while working as Walmart greeters. I don't hate them, but I don't see any positive reason for their continued existence.