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return2ozma@lemmy.world to News@lemmy.world · 8 days ago

10 Richest Americans Have Gained $700 Billion in Wealth Since Trump Reelection

www.commondreams.org

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  • cross-posted to:
  • aboringdystopia@lemmy.world
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10 Richest Americans Have Gained $700 Billion in Wealth Since Trump Reelection

www.commondreams.org

return2ozma@lemmy.world to News@lemmy.world · 8 days ago
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  • cross-posted to:
  • aboringdystopia@lemmy.world
10 Richest Americans Have Gained $700 Billion in Wealth Since Trump Reelection | Common Dreams
www.commondreams.org
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"The new American oligarchy is here," said the CEO of Oxfam America. "Billionaires and mega-corporations are booming while working families struggle to afford housing, healthcare, and groceries."
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  • TankovayaDiviziya@lemmy.world
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    7 days ago

    Because they have been doing insider trading.

  • J92@lemmy.world
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    6 days ago

    Hmmm. And the poor have gotten poorer?

    Almost sounds like theft.

  • DERRALEXANO@sh.itjust.works
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    7 days ago

    brother of Mario

  • itisileclerk@lemmy.world
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    7 days ago

    History is full of former evil empires. USA is number one on that list. It is The most evil society ever build and the world would be bettet without.

    • BeeegScaaawyCripple@lemmy.world
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      7 days ago

      It is The most evil society ever build

      there are some pretty tight competitors for that spot if we try not to have a recency bias

  • raptir@mander.xyz
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    7 days ago

  • 🔰Hurling⚜️Durling🔱@lemmy.world
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    6 days ago

    Elon musk isn’t American

  • _chris@lemmy.world
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    8 days ago

    Billionaires shouldn’t exist.

    • PunnyName@lemmy.world
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      8 days ago

      Blue shell the rich.

    • DeICEAmerica@lemmy.world
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      6 days ago

      And the ones that do should be magnanimous to a fault.

      UI

  • DaddleDew@lemmy.world
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    8 days ago

    “have gained”

    That’s an interesting way to phrase “have stolen”.

  • tornavish@lemmy.cafe
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    8 days ago

    Kill them

  • JasonDJ@lemmy.zip
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    8 days ago

    340,099,990 Poorest Americans have each given an average of $2000 to the 10 other people in the country so far this year.

  • b161@lemmy.blahaj.zone
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    7 days ago

    Lot of rich cunts need to get Kirk’d.

  • harmbugler@piefed.social
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    8 days ago

    Working as intended.

    “It’s the billionaires” is the answer to many of the world’s worst problems.

  • DarkFuture@lemmy.world
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    7 days ago

    Lol.

    The collapse is inevitable.

    Like, even a small child could sense it at this point.

    • UnderpantsWeevil@lemmy.world
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      7 days ago

      The collapse is inevitable.

      The Vanderbilts and Rockerfellers and JP Morgans weren’t the ones bankrupted by the Great Depression. Elon Musk will not be the protagonist of the next Steinbeck novel. The “collapse” will just be further economic consolidation, until the people being squeezed are willing to resist their own exploitation as a collective unit.

      If the stock market loses 90% of its value tomorrow, all that changes is valuation. The physical capital remains in the hands of the plutocrats as does the command over the bulk of human labor. And the pain we feel will be the consequence of policies they impose, not any real shortfall of goods or dearth of professional services.

      • SupahRevs@lemmy.world
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        7 days ago

        Which is why we need to invest in non-capitalist owned economies. The more we grow these economies the more resilient the average person can be. Things like the CFNE need to expand https://cooperativefund.org/. More businesses need to be in a circular local economy where people’s needs can be met without the wealthiest getting profits.

      • sparky@lemmy.federate.cc@lemmy.federate.cc
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        7 days ago

        Your second paragraph explains exactly why they’re all so horny for AI.

  • taiyang@lemmy.world
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    8 days ago

    If it makes you feel better, I’ve noticed a lot, lot more private security in the uber-rich neighborhood I have to pass to get to work.

    They’re scared.

    • Almacca@aussie.zone
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      8 days ago

      Not scared enough.

  • Corridor8031@lemmy.ml
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    8 days ago

    Forbes says the top 400 have 6,6 trillions and the entry point is at 3,8 billion.

    If this would be distributed to everyone instead, everyone in usa could have their net worth increased by ~ 18,700$ (like a portfolio) and there still would be like A LOT of billionairs

    Capitalists keep saying in socialism everyone would be poor equally. I would be fine beeing equally poor like this.

    (https://www.forbes.com/sites/forbes-spotlights/2025/09/09/forbes-unveils-2025-forbes-400-ranking-of-richest-americans/)

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