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Amid the Coronavirus Pandemic, America’s Billionaires Thrive and Prosper

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  • Amid the Coronavirus Pandemic, America’s Billionaires Thrive and Prosper

    https://www.counterpunch.org/2020/05...e-and-prosper/

    Although most Americans currently face hard times, with unemployment surging to the levels of the Great Depression and enormous numbers of people sick or dying from the coronavirus pandemic, the nation’s super-rich remain a notable exception.

    Financially, they are doing remarkably well. According to the Institute for Policy Studies, between March 18 and April 28, as nearly 30 million Americans applied for unemployment benefits, the wealth of America’s 630 billionaires grew by nearly 14 percent. During April 2020 alone, their wealth increased by over $406 billion, bringing it to $3.4 trillion. According to estimates by Forbes, the 400 richest Americans now possess as much wealth as held by nearly two-thirds of American households combined.
    From reading...It’s almost reminds you of the Great Depression August 1929 to March 1933
    The Rich is laughing all the way to Bank while Americans are dying and being left without a Job !
    Thanks Trump

    14B440D7-0D66-4CFB-87FF-8E16EDDACDFC.jpeg
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