Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

packman

(16,296 posts)
Sat Nov 30, 2019, 12:54 PM Nov 2019

Go 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 MSNBC’s Ali Velshi. “We should be saying success is good. We should want more billionaires, not fewer.”

Velshi pointed out that billionaires — like Amazon’s 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 there’s a problem with that relationship?”

“I don’t 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
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Go out and thank your local billionaire (Original Post) packman Nov 2019 OP
From the still he looks like Frank Luntz. underpants Nov 2019 #1
He ain't? Iggo Nov 2019 #5
Monopolies raise prices in the long run. safeinOhio Nov 2019 #2
Eat the rich. onecaliberal Nov 2019 #3
I'd like to recognize a whole lot more of their contributions. Iggo Nov 2019 #4

safeinOhio

(32,674 posts)
2. Monopolies raise prices in the long run.
Sat Nov 30, 2019, 01:05 PM
Nov 2019

But don't get me wrong. I love the rich, if roasted slowly until tender.

Latest Discussions»The DU Lounge»Go out and thank your loc...