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Tuesday, January 26, 2021

Democrats closing their states caused a sharp divide in class wealth.

 From Seeking Alpha:

But the pandemic is causing a sharp divide in class wealth. COVID-19 brought the sharpest rise in the U.S. poverty rate since the 1960s, according to a study by the University of Notre Dame. The poverty rate in the U.S. increased by 2.4 percentage points during the latter half of 2020, meaning an additional 8M people nationwide are now considered poor. In the same time frame, the collective wealth of America's 651 billionaires jumped by over $2.95T to over $4T, in a trend that's likely to trigger more discussions about equality in the economic sphere. 


Leftists are all about increasing their own wealth and driving those in the middle into poverty because they are easier to control.  They used the pandemic to destroy the small shopkeeper, the waiter, the barber, the entrepreneur while enriching Big busines like Amazon, Google, Facebook, Twitter, Wal-Mart and Apple.

The investor class got much richer last year while the working class, the people who lived paycheck to paycheck lost their jobs, turned to drugs and alcohol or committed suicide.  This was not an accident.  That is how Communists take over.


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