A 1%-er is my neighbor. Here is how you can tell when you have too much money...

[politicat]

77. Redistribution: it's a lovely thing.

So all of the money in labor and material that went into building that house and circus animal retirement home ended up in actual pockets and bought baby a new pair of shoes or a few semesters of college.

If Connecticut is anything like Boulder county, that house was several electricians at $75 an hour for probably more than a year. Same with masons, drywallers, framers, roofers, plumbers...

Yeah, the general contractor took a share, but actual people got paid and spent that actual money in actual businesses.

I am totally okay with oblivious rich dude sinking inherited money into some brand new white elephants. If he'd been typically prudent, it would have sat in an investment account, only making money for the scum sucking investment advisors. It got that money out and into the economy instead of being parked in a bank.

Yeah, it would have been better if his dream was electric cars or solar roads or a lunar colony, but redistribution is redistribution. (At least he doesn't collect corrupt elected officials, like a certain pair of brothers with an infinitely punny last name.)