FILE UNDER “YOU REALLY JUST DON’T GET IT, DO YOU?”
|BLACKSTONE CEO STEVE SCHWARZMAN|
“I find the whole thing astonishing and what’s remarkable is the amount of anger whether it’s on the Republican side or the Democratic side,” the Wall Street mogul said at the World Economic Forum in Davos. “Bernie Sanders, to me, is almost more stunning than some of what’s going on in the Republican side. How is that happening, why is that happening?”
Schwarzman has made national headlines likening tax increases on the wealthy to the Nazi invasion of Poland.
It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.
NOTE: If you've been following the run-up to the Presidential Election come November, you will no doubt have noted that all the Democratic candidates have spoken out quite eloquently about this issue while the 12 (13? 11?) Republican Candidates apparently believe that making America Great Again involves concentrating even more wealth at the top since this issue hasn't exactly sparked a lively debate among them. Or any debate. Oh, wait: No, I haven't heard a word from them about this. It's very odd situation if you ask me. But then there was Iowa on Tuesday where Ted "Never Met A Government I Couldn't Shut Down" Cruz beat out Donald "If My Mouth Ever Utters A Coherent Policy Proposal Please Forgive Me" Trump by 28% to Ted Cruz's 24%.
Have a good day!