‘Orgy of Wealth’ Continues as US Billionaires Grew $584 Billion Richer Over Last 3 Months While 45 Million Lost Their Jobs

A devastating trend of soaring inequality in the U.S. continues. In their weekly analysis of wealth data Thursday, the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF) found that billionaires have seen their combined net worth grow by $584 billion in the three months since the Covid-19 pandemic shuttered much of the … Continue reading ‘Orgy of Wealth’ Continues as US Billionaires Grew $584 Billion Richer Over Last 3 Months While 45 Million Lost Their Jobs