Remember, under socialism we aren’t minting any new billionaires, so where do we go for the money once the low-hanging billionaire fruit is picked clean? Millionaires! A 2017 report says there are probably 10.8 millionaires in what would be the People’s Republic of America: “In 2016, there were 9.4 million individuals with net worth between $1 million and $5 million, 1.3 million individuals with net worth between $5 million and $25 million, and 156,000 households with more than $25 million in net worth, the report says.” Now we’re hitting regular folks. If you have a house in Los Angeles or Washington, welcome to millionairehood! Or a small business – lots of us are rich on paper. Well, what’s ours is…theirs. The fact is our socialist pals are going to have to reach way down below the 1% to find enough stuff to redistribute so that everyone can have everything they want (but not enough to work for) while robots mop out the toilets. (Read more.)
A place for friends to meet... with reflections on politics, history, art, music, books, morals, manners, and matters of faith. A blog by Elena Maria Vidal.
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Thursday, September 20, 2018
Socialist Tyranny
From Townhall:
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