The Greatest Transfer Of Wealth From Middle Class to the Elites in History

It's been called the 'Great Reset' or the 'Great Consolidation', with some experts like author Carol Roth saying that we are in the greatest transfer of wealth from the middle class to the elites, in history.

"Essentially being big has more advantages than it used to have" said economist Peter Morici.

According to the latest numbers before Covid, there were 30 million small business jobs in the U.S. compared to just 20,000 big companies. But the difference is, the big companies have big connections, primarily with the Democrats, and that is what the problem is.

But despite reports of doom and gloom, and the end of the inevitable demise of the middle class, Morici told KTRH that he believes that both small businesses, and the middle class, are going to make it.

"The world is going to look very different 5 years from now, and the media is full of articles saying that the world is going to end. Chicken Little is alive and well, and he works at the New York Times!"

The other key tips are to support local businesses, and make sure to elect government officials that will stop this massive Democrat spending that is wrecking our economy, and bankrupting our country.

Transfer of Wealth - Financial Concepts

Photo: Getty Images

Sponsored Content

Sponsored Content