These billionaires are reacting poorly because they know that the game is rigged all in their favor and the consequences are similar to a ticking time bomb, something will trigger an explosion and they aren’t sure what it is. The people are restless or they would be, if they weren’t exhausted from trying to figure out their economic reality day in and day out. In the 50’s when corporations contributed about 30% in taxes to the public revenue coffers and thus contributed to financing public infrastructure, public education and to the social safety net, it allowed for a strong middle class, investment in our society was shared. I think that it was in the 1970’s that the collective 1% decided enough was enough, it was time to take back their fortunes and we saw the birth of conservative think tanks and publications, along with a laser focus on manipulating the tax code to diminish their responsibilities to the common good. Here we are today; proof that they were successful, however I would now argue that they were too successful, because the economic pain that their plans have dealt to our economy has been devastating, but they don’t seem to realize that continuing down this path isn’t sustainable because you can’t profit off those who have nothing left. Moreover, they are guilty of sincerely believing their own hype, that they are the job creators when in actuality it is we who are the job creators. And there lies the problem.
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