Forbes list of the 400 richest people in the world includes none of those pathetic little millionaires:
"It is a really big deal that it's all billionaires," said Forbes associate editor Matthew Miller, who edited the list and led the team that spent a year compiling it. "It shows economic growth and, as this magazine is a fan of capitalism, it shows progress."
Clearly, Mr. Miller relies on some economic indicators to represent "progress" more than others. And here's your new trickle down economy:
On the one hand, the fortunes have spawned a new age of philanthropy, by which private individuals can try to effect change with the power and reach of a government but without the bureaucratic shackles that often thwart aid efforts.
Let's promote economic policies that benefit the super rich so they, in turn, can get a tax deduction to help those who are unhelped by our economic policies.