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Category: Economics

The Quality of Wealth That Matters

The Quality of Wealth That Matters

One of the problems that I have with the current liberal messaging is the constant focus on billionaire wealth in terms of total value. Things like, “During the pandemic, billionaires increased their wealth by $1 trillion,” or noting that Elon Musk is now worth something like $6 billion more than a week ago. The problem is that this does not focus on actual, spendable wealth—instead, this is mostly stock value we’re talking about. And that wealth is not liquid. Saying…

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The First Order of Business: Screw the Middle Class

The First Order of Business: Screw the Middle Class

On Trump’s first day in office, he immediately signed two executive orders which made life harder for Americans in the middle class.

First, he cancelled a rate cut for middle-class home owners with mortgages. The rate cut would have saved millions of home owners hundreds of dollars a year on their payments. See more