Saturday, May 16, 2020

Posts that I especially recommend today: Saturday, May 16, 2020

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.