this post was submitted on 20 Jan 2025
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politics

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Summary

Progressives criticized the attendance of billionaires like Elon Musk, Mark Zuckerberg, and Jeff Bezos at Donald Trump’s inauguration, labeling them “billionaires’ row” and emblematic of an administration prioritizing the wealthy.

Critics argue the inauguration, funded by over $200 million in corporate and lobbyist donations, signals a pro-billionaire agenda.

Trump’s proposed Cabinet includes 13 billionaires, with a combined net worth of over $460 billion, and aims to push tax cuts for the rich.

Bernie Sanders and other progressives warn against “government by the billionaires, for the billionaires.”

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[–] MothmanDelorian@lemmy.world 1 points 7 hours ago (1 children)

That's not entirely true. The economy is very strong which is determined by the amount if money flowing through the economy the catch is just because money is flowing it doesn't mean it is coming your way. it's good for upper middle class and above folks my age (45-55) and older it is bleak for everyone else which is not good for the long term.

[–] Semi_Hemi_Demigod@lemmy.world 2 points 7 hours ago (1 children)

Yes that’s a fantastic example of their attitude.

[–] MothmanDelorian@lemmy.world 1 points 7 hours ago

Sadly it describes most of my family and childhood friends who do not work for a living. Im in warehouses and retail gigs most of my life so I know a ton of twenty and thirty somethings that can't conceive of affording having kids and are planning on retirement by suicide. Is the American dream real anymore?