I mean his wealth is basically irrelevant. A lot of his wealth isn’t even actually there (it’s just unrealized gains that can’t be realized in real life). But e

I mean his wealth is basically irrelevant. A lot of his wealth isn’t even actually there (it’s just unrealized gains that can’t be realized in real life). But even setting that aside, the spending we do as a country and at all the other levels of the government is insanely huge. The federal government alone is obligated to spend around $9T. State and local governments spend another $4T ish. That’s $13T in one year. The total theoretical wealth of all the billionaires in the US is less than $6T. You could take away all of their wealth and it would not solve the spending issues we face. Either way, deep spending cuts HAVE to happen, to prevent the worst case economic hardship.