BlackScythe0 posted...
It was never supposed to work. Only a moron would think "If we give all our money to the richest people in the nation they will use it wisely instead of just hoarding it"
Says the guy who thinks all rich people have a Scrooge McDuck money pit.
https://www.youtube.com/watch?v=xLJrzfWTu9E
While the richest people don't necessarily use their money wisely, that money is often in use which is why the claims are about "wealth" instead of just "money." If you look at a list of the wealthiest people, you'll quickly see that wealth is either in ownership of companies, stocks, and other possessions rather than just cash. In fact, some of the "wealthiest" individuals have historically been cash-poor at times.