https://americansfortaxfairness.org/...andemic-began/
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The collective wealth of America’s 651 billionaires has jumped by over $1 trillion since roughly the beginning of the COVID-19 pandemic to a total of $4 trillion at market close on Monday, December 7, 2020. Their wealth growth since March is more than the $908 billion in pandemic relief proposed by a bipartisan group of members of Congress, which is likely to be the package that moves forward for a vote in the next week, but has been stalled over Republican concerns that it is too costly.
The $1 trillion wealth gain by 651 U.S. billionaires since mid-March is:
More than it would cost to send a stimulus check of $3,000 to every one of the roughly 330 million people in America. A family of four would receive over $12,000. Republicans have blocked new stimulus checks from being included in the pandemic relief package.
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I'm glad to hear our nations billionaires are managing to endure this storm. During these times of uncertainty, now more than ever they need economic relief.
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Originally Posted by Prayer Warrior
As the Bible tells us, Jesus hates those who don't fully utilize the gifts He gives them ( https://www.landoverbaptist.net/showthread.php?p=934413 )
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Matthew 25: 26 "His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed:"
Matthew 25:29 " For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath."
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In ancient times, the stock market did not exist but it does now. Those that didn't invest and instead wasted their gifts are wicked, slothful and spitting in Jesus's face. |
I once again reference the parable about fully utilizing gifts. Clearly, it's not impossible to grow your wealth despite an ongoing pandemic. We already gave Americans economic relief, and instead of growing their $1,200 into $10,000 they squandered it and are asking for more money. To me, this shows they don't deserve to have this money because they'll only waste it.
I'm wondering if we could do the opposite of what this article proposes? Maybe every American could contribute $3,000 to help raise the wealth of these billionaires by an additional trillion. That's what would help the economy.