Mar 29, 2021
During the past year of the Covid pandemic, over 20 million people in this country lost their jobs and about 10 million workers still haven’t returned to work. But while millions of families were being pushed toward poverty, there was a tiny group of people who were enriching themselves—the capitalist class of billionaires.
Just for one example, there were nine people whose own personal wealth increased by more than 360 billion dollars in just the past year. These nine people included Jeff Bezos of Amazon, Elon Musk of Tesla, Mark Zuckerberg of Facebook, Bill Gates of Microsoft and the heads of other tech companies. It’s hard to even imagine how much money 360 billion dollars is. But to give some perspective, the wealth of these nine people increased by an amount that was almost equal to the total amount of all the stimulus checks that will be paid to almost 300 million people!!!
Bezos alone had his wealth increase by 58 billion dollars, which was more than the total amount he paid to all of Amazon’s hourly employees last year!!!
Here’s an idea. Take these profits back, and double the stimulus checks—for a start. And then fire the Fab 9 and give the employees the keys to the kingdom.