When it Reigns, It Poors
We’re living through an endless barrage of reality bending cultural and political weirdness that boggles the mind. But perhaps no trend is more surreal than the constant complaining by those who have become impossibly rich impossibly quickly that America’s too-woke, too-liberal, too-empathetic, too-socialistic, too-regulated system is somehow rigged against them. Consider that the 100 wealthiest Americans got more than $1.5 trillion richer during the Biden years. Somehow that economic divide is not one-sided enough, so policies are being changed to tip more chips to one, small corner of America’s increasing tilted economic table. That leaves an increasing number of families with less food on their kitchen table. The economic divide is already arguably the story that underpins all other American stories, and it’s only getting more divided as budget cuts and safety net slashes take their toll. “Nearly 10 million American children are living in poverty, the most since 2018, according to the latest Census Bureau figures from 2023. Tens of millions more … are precariously close. Their families have been pushed to the edge by a storm of economic factors, including the expiration of Covid-era relief programs and the impacts of inflation on food and housing. The strain is expected to be worsened by cuts to federal spending on aid programs, including food benefits and Medicaid. President Trump on July 4 signed legislation passed by Congress that reduces funding and tightens work requirements for government assistance, and will likely result in less food aid and millions losing health coverage.” WSJ (Gift Article): Earning More but in Worse Shape: Hardship Overwhelms Many American Families. Oh well, if we’re gonna get that $1.5 trillion number up where it belongs, sacrifices will need to be made…