It’s yet another illustration of one of the remarkable revelations of recent years, the incredibly sensitive feelings of the superrich, who are so hurt at any suggestion that great wealth does not also go with great wisdom and great virtue that they threaten to take the economy with them and go home.
But we must make fun of such people — and not just because, I admit, it’s one of the pleasures of life. Let me quote from a wonderful essay by Molly Ivins (read the whole thing):
Satire is a weapon, and it can be quite cruel. It has historically been the weapon of powerless people aimed at the powerful.
… Making fun of billionaires who are clueless about economics, and lack the menschood to admit their mistakes, serves a couple of functions. It reminds the audience that being rich doesn’t mean that you know what you’re talking about; it also provides other rich people some incentive to think before they speak, and maybe even do some homework before preaching to the rest of us. I’m snarky for a reason.
What prompted this observation was a stupid rich person who said that hyperinflation in America is obvious if you’d just look at the rise in the prices of houses and high-end art in London, Manhattan and the Hamptons. It’s something I’m sure that keeps you all awake at night.
But let’s also remember that the reason prices in Manhattan, London and the Hamptons (hell, let’s add Washington, D.C., to the list) are shooting up for those obsessed with luxury living is because the rich have taken all the money.
Just one more thing. The results of last week’s elections mean the rules aren’t going to change anytime soon. Mocking the stupid rich is the only recourse we have right now.
It takes 14 minutes, but it boils down to the rich will always get richer and the rest of us better start tasting cat food now, because that’s all we’re going to be able to afford to eat when we retire.