Problems with relying on billionaires to save us
If the US confiscated all of the wealth of the billionaires in the US (which would absolutely wreck the economy as well as that wealth, since much of that their wealth is tied up in stocks)...it would fund less than a year of government spending and not even be able to pay for the $3.5T package that is currently being debated (maybe close...the most recent estimate wealth for US billionares is between $3T and $3.5T).<p>...and then we couldn&#x27;t blame billionares for being the problem.