Aug 10, 2022
Bill Gates, Come On Down!
In which a recent Twitter thread from Bill Gates announcing his newest gift to the Bill and Melinda Gates Foundation gets me thinking — about our current Gilded Age, its billionaires, and the rest of us here in the shrinking middle class.
All opinions expressed are entirely my own. Information sources include:
* Bill and Melinda Gates Foundation website
* Tristan Bove article in Fortune magazine, July 13, 2022
* Quote from Bill Gates in benzinga.com re: moving off the list of world's richest people
* Warren Buffett quote on how much to "leave the children."
* Gobankingrates.com: Median U.S. household retirement savings, citing survey from ConsumerAffairs and study by Government Accountability Office
* Politifact : Elizabeth Warren tweet, "*"*The top 0.1 percent ... own about the same wealth as 90 percent of America."
* Time.com, "The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% — And That's Made the U.S. Less Secure"; Sept. 14, 2020, Nick Hanauer and David M. Rolf
* Time.com, "The Economy is Great. The Middle Class is Mad"; April 28, 2022, Alana Samuels and Belinda Luscombe
* epi.org, Economic Policy Institute: "CEO Compensation Has Grown 940% since 1978"
* bmj.com, "Diseases of Despair Have Soared Over Past Decade in U.S."
Background music: Pixabay Music