Suppose there was a year when billionaires – already fabulously wealthy – made major additional fortunes. And suppose it was a year when Donald Trump was President and he had a Republican Senate. What do you think Democrats would be saying about his performance? His policies? Is there any doubt they’d be attacking Trump/Republicans as the pals of the rich?
With that in mind, please read the beginning of Connor Green’s article for Forbes, and see what you think:
It was a great year for billionaires. Especially these fortunate few, who together got more than $700 billion richer.
It’s been an astounding year for billionaires, with more than half of the planet’s 2,800-plus members of the three-comma club getting richer in 2024 as markets soared—some by billions and even tens of billions of dollars.
This year’s top ten billionaire gainers increased their collective wealth by $730 billion, through December 13, according to Forbes’ estimates. Elon Musk, the world’s richest person, got the richest: He became the first person to pass the $400 billion mark after his rocket company SpaceX was valued at $350 billion. Musk, 2022’s biggest loser, has bounced back in a big way, gaining more wealth than anyone on the planet in both 2023 and 2024.
Remind me: which political party is currently in power? Which party currently controls the presidency and the senate?
Now tell me: how many articles have you seen telling us that the Democrat party, which controls both, has been a boon for billionaires? How many do you expect to see?
Please keep this in mind when you see/hear Democrats assuring you that billionaires prosper under Republican leadership, not theirs.
