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The wealth of the 10 richest people in the world – a list dominated by US tech billionaires – increased by a record amount after Donald Trump’s victory in the presidential election, according to a widely cited index.
The Bloomberg Billionaires Index estimated that the world’s 10 wealthiest people gained nearly $64bn (about £49.5bn) on Wednesday, the largest daily increase since the index began in 2012.
Elon Musk, the world’s richest person, registered the largest increase with a $26.5bn addition to his fortune, which now stands at $290bn. The prominent backer of Trump’s campaign, benefited from a surge in the share price of Tesla, the electric carmaker where he is chief executive and in which he owns a 13% stake.
This is what the American people voted for. They voted to give their money away to people who don’t need it.
We’ve been warning people of this for more than 8 years now, trying to soften the blow. At some point we gotta realize that protecting these people might not actually be helping, it might just be enabling the grift by providing convenient cover.
Maybe we ought to just step aside and let these voters suffer the full consequences of their actions. Democrats need to learn that unlike them, many people only learn about consequences by experiencing them.
Sure, many others who voted against will suffer the consequences too. What are we going to do about it? This is how democracy is designed to work.
Yup. We all vote on the meal we will eat and lots of folk don’t like the week old pumpernickel so won’t vote for it and for some reason lots of folks like to vote for the dogshit with ground glass mixed into it because they think its funny to watch other people eat it.
The majority of the political videos showing up on my YouTube feed after the election was just right wingers laughing at “the left.”
Their whole identity is hating others.