Posts Tagged ‘super-rich’

Michael Linden: Cartoonishly Cruel Budget

Posted by admin on Sunday, June 4, 2017

Michael Linden Money Quote saying the proposed Trump budget is skewed to favor the rich and hurts the poor according to economists. Michael Linden said:
 
This budget is so skewed toward the super-rich that many of its proposals are almost cartoonishly cruel Quote
 

“This budget is so skewed toward the super-rich that many of its proposals are almost cartoonishly cruel” — Michael Linden

 

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In this quote, Michael Linden is sharply criticizing aspects of the federal budget proposal as disproportionately benefiting the wealthy to an almost ridiculously callous degree.

By stating many proposals are “cartoonishly cruel”, Linden implies they are so lacking in empathy for average Americans as to seem almost comically villainous like a caricature. He suggests provisions that mainly aid the rich do so at the stark expense of others struggling on modest incomes.

The interpretation is that Linden views key parts of the budget as so extremely skewed toward further enriching the already affluent that they come across as almost farcically heartless and indifferent toward the hardships of lower- and middle-income citizens.

Linden’s perspective conveys that the budget’s imbalance is of such an unbalanced, excessive and insensitive nature that it borders on the absurdly unfeeling. His strong language aims to portray it as an almost ridiculously one-sided giveaway to the most privileged that disregards those lacking comparable means.

Robert Reich: Rich Deserve Their Wealth

Posted by admin on Friday, October 14, 2016

Robert Reich Money Quote saying many folks believe that the wealthy deserve their riches because they work really hard, most rich people inherited their wealth. Robert Reich said:
 
Commonly believed, especially among Republicans, that the rich deserve their wealth because they work harder than others. In reality, a large and growing portion of the super-rich have never broken a sweat. Their wealth has been handed to them Quote
 

“Commonly believed, especially among Republicans, that the rich deserve their wealth because they work harder than others. In reality, a large and growing portion of the super-rich have never broken a sweat. Their wealth has been handed to them” — Robert Reich

 

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In this quote, Robert Reich is challenging the notion that wealthy people deserve their wealth simply because they work harder than others. He argues that in reality, many who are extremely rich have inherited their wealth rather than earning it through their own efforts.

Reich suggests that a significant and growing share of the “super-rich” have never had to work hard physically (“broken a sweat”) to accumulate their vast fortunes, since the money was essentially just “handed to them” through inheritance or other means besides their own merit and labor.

Overall, he aims to dispel the idea that all wealthy people got that way due to greater work ethic and that their status is always fairly earned, asserting that inheritance and other unearned advantages play a big role for many at the highest levels of wealth.

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