Sunday, January 8, 2017

17 people, 21 states

So Donald Trump won the election in large part because blue collar workers in the Midwest thought he and Republicans would help them more than the Democrats would.  Well, this is stupid, and one place it it can be seen is in his cabinet picks.

According to the Hill, Donald Trump's cabinet picks have a combined wealth of more than a third of American households.  That is, just 17 individuals have more net worth than over 40 million American citizens combined.  This is hard to wrap your head around, so here's another way to look at it: these 17 people have a greater net worth than enough Americans to make up the populations of 21 states and the District of Columbia.  Yes, if you put these 40 million people together they would match the populations of:

Connecticut
Iowa
Utah
Mississippi
Arkansas
Nevada
Kansas
New Mexico
Nebraska
West Virginia
Idaho
Hawaii
New Hampshire
Maine
Rhode Island
Montana
Delaware
South Dakota
North Dakota
Alaska
District of Columbia
Vermont
Wyoming

and maybe Oklahoma.

These are the kinds of people that presided over the predatory lending that crashed our economy; the types of people that created the concept of automation and offshoring.  Do you really think they're going to help you?

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