General Discussion
In reply to the discussion: I'm still trying to wrap my head around Oprah's purse. [View all]duffyduff
(3,251 posts)With her money, she could have personally called the designer and ordered a custom-made purse.
Neiman Marcus has the same bags for under 3k.
It is sickening in the extreme that 38k for a lousy purse that probably cost pennies to make is more money than millions of Americans make in a YEAR. Something like that is a frivolous expense to a billionaire.
We shouldn't even HAVE a billionaire class to begin with, and that is the direct result of tax policies by our wonderful Congress that created this situation.
I can remember some 40 years ago when there were FOUR billionaires in the entire WORLD--Getty, Hunt, Hughes, and Perot (you could actually name them)--and now there are something like 1,400. Even taking inflation into account, something is terribly screwed up with that number.
Remember, that money came from someplace. Money is finite. Oprah didn't "earn" that money all by herself. Neither did her fellow billionaires.