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justaprogressive

(7,164 posts)
Tue Apr 22, 2025, 07:29 AM Apr 2025

The secession of the billionaire class - Robert Reich

Friends,

Billionaire Treasury Secretary Scott Bessent says the drop in the stock market is nothing to be concerned about because Americans aren’t looking at the “day-to-day fluctuations” in their retirement savings.

Billionaire Secretary of Commerce Howard Lutnick says we shouldn’t be concerned that mass layoffs in the Social Security Administration have caused delays because his mother-in-law wouldn’t be worried if she didn’t get her monthly Social Security check.

The richest person in the world, Elon Musk, whose minions are busily slashing the Social Security Administration, calls Social Security a “Ponzi scheme.”

Billionaire Trump says he “couldn’t care less” if automakers raise their prices because of his tariffs.

On what planet do these people live? Surely not this one.


https://robertreich.substack.com/p/the-secession-of-the-billionaire

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The secession of the billionaire class - Robert Reich (Original Post) justaprogressive Apr 2025 OP
Scott Bessent is full of shit. spanone Apr 2025 #1
Most of them are only billionaires on paper. mwmisses4289 Apr 2025 #2

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