OXFAM DOESN’T HEART BILLIONAIRES –
A new billionaire is created every other day. The three richest Americans have the same amount of wealth as the poorest half of the U.S. population. And 82% of the global wealth generated last year went to just 1% of the world’s population.
These are among the findings of a study released Sunday by Oxfam, a British campaigning group, as political and business leaders, including President Trump, prepared to gather in Davos, Switzerland, for the World Economic Forum’s annual meeting. Income inequality will be a major topic at the conference, which runs from Tuesday through Friday…
Microsoft founder and philanthropist Bill Gates, Amazon’s Jeff Bezos and legendary investor Warren Buffett are the three Americans whose combined wealth matches that of the poorest 160 million Americans — about $250 billion.
You know what else these three have in common? They are lifelong liberals and Democrat supporters. Maybe Oxfam can talk to the party of the new plutocracy about it.