Thursday, February 8, 2024

The Wealth Gap Widens

We seldom hear from the ultra-wealthy.  Political elections and tax season often prompt their opinion; they might also make the news if their yacht sinks in a hurricane or if they insist on building a mansion on protected land.  Of course, during Super Bowl Week, a shortage of private jets may raise their ire.

They have certainly done well during Biden's "weak economy" and cities capture some of their wealth with exclusive, "close-in" parking lots and convenient express lanes on the clogged highways.  Airlines, long drawing income from first class seating, now milk the public with early-boarding fees.  Yes, there are plenty of perks out there for those who won't miss the spare change.

No doubt, many wealthy individuals are very generous with their money and, as a fiscal conservative, I support capitalist principles.  But the income gap between executives and workers has become obscene.  Our society needs a dash of socialism now and then.  Vote Democratic!