Wednesday, June 19, 2019

Warren Buffett on the US economy: ‘The tsunami of wealth didn’t trickle down. It surged upward’




Pub 2018. He points to the Forbes 400, which lists the wealthiest Americans. “Between the first computation in 1982 and today, the wealth of the 400 increased 29-fold — from $93 billion to $2.7 trillion — while many millions of hardworking citizens remained stuck on an economic treadmill. During this period, the tsunami of wealth didn’t trickle down. It surged upward.”


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