Economy / FinanceNorth AmericaPOTUS 45th

Billionaires saw their net worth increase by half a trillion dollars


President Trump suggested he might be interested in pushing for policy that addresses the widening income gap in the U.S., but didn’t suggest a plan. Trump commented in a retweet about how much some prominent billionaires have increased their net worth during the coronavirus pandemic, while tens of millions of Americans have lost their jobs. During the 11 weeks from March 18, when U.S. lockdowns started, the wealth of America’s richest people surged by over $565 billion, while 42.6 million workers filed for unemployment, the report said. “These statistics remind us that we are more economically and racially divided than…

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