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Related: Culture Forums, Support ForumsGo out and thank your local billionaire
During an appearance on MSNBC, Michael Strain, a resident scholar at the American Enterprise Institute, said that Americans should give thanks for billionaires.
Strain made the remarks on Thanksgiving as families across the national were gathering together.
They are all doing stuff to contribute to the economy, Strain to MSNBCs Ali Velshi. We should be saying success is good. We should want more billionaires, not fewer.
Velshi pointed out that billionaires like Amazons Jeff Bezos built their fortunes off the backs of people making $15/hour.
Jeff Bezos made that annual salary every 11 and a half seconds, Velshi observed. Do you think theres a problem with that relationship?
I dont see a problem, Strain scoffed. The market is determining wages based on productivity. The market for CEOs is thin.
Jeff Bezos, by creating Amazon, is giving American workers a raise by lowering the prices they pay for the goods they buy, he insisted"
https://crooksandliars.com/2019/11/msnbc-guest-argues-poor-and-hungry-should
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Go out and thank your local billionaire (Original Post)
packman
Nov 2019
OP
underpants
(182,788 posts)1. From the still he looks like Frank Luntz.
I'd've sworn that was him.
safeinOhio
(32,674 posts)2. Monopolies raise prices in the long run.
But don't get me wrong. I love the rich, if roasted slowly until tender.
onecaliberal
(32,850 posts)3. Eat the rich.
Iggo
(47,552 posts)4. I'd like to recognize a whole lot more of their contributions.