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View Diary: Fiscal inequality: Godzilla vs. Ants (179 comments)

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  •  this is simply wrong: (1+ / 0-)
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    Kentucky DeanDemocrat
    You can take ALL of the wealth of the top 400 richest people in the country and it will pay for only one year of the budget deficit

    It is a typical RW talking point that "the rich don't have enough money anyway".  It's bullshit.  The wealthiest 1% own total wealth of roughly $21 trillion. The entire US Federal government budget, by contrast, is $3.8 trillion, and the entire Federal deficit is $1.6 trillion.

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