With the Rising Number of Billionaires, America Began its Demise

Op-ed by TheWiseOldFart

“Profit Before People.” These three words became the American motto in 1981. Ronald Reagan was the first fake Republican president. His fiscal policy, “trickle-down economics,” was a gift to our nation’s wealthiest citizens. His lie was a promise that if America’s largest corporations were more profitable, they would reinvest in our country’s future, and provide “good-paying jobs” for every man and woman in America.

What really happened is common knowledge. America’s billionaires used the money they received from huge tax breaks and purchased another mansion in a foreign nation, more outrageously expensive cars, or additional cases of their favorite French wine. Some simply added funds to their offshore bank accounts. Reagan’s three Republican successors used the same failed fiscal policy.

WHERE IS AMERICA TODAY?

America’s economic system of “capitalism” was unfair to the working class for generations. Today, capitalism has been replaced by a plutocracy/oligarchy: rule by the super-rich. This situation is advanced capitalism and much worse for our nation’s people.

Under Trump’s corrupt, fascist administration, the number of America’s billionaires has grown from 902 to 989.

Fact: an oligarchy cannot remain in power in a free society. This is why 989 men and women donated heavily to elect Trump in both 2016 and 2024. They needed a fascist dictator, a Fuhrer, to be in control if they were to remain America’s ruling party in the 21st century.

Trump’s political party cannot claim the title of “Republican” in 2026. They must be honest and accept the name “American Fascist Party,” or even more accurately, the “American Nazi Party.”

They have adopted a platform known as “Project 2025.”  It is an irrefutable fact that this 922-page document is a fascist manifesto. in 2024, they surrendered their claim to the titles of “The Grand Old Party,” and “The Party of Lincoln.”

JOE BIDEN SAID IT BEST IN 2020.

“We are in a fight to retain our democracy.” Joe Biden made this statement in 2020 and it is even more factual today.

Op-ed by James Turnage

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Sources: https://shaielbenephraim.substack.com: How Greed Killed American Democracy

theguardian.com: The United States is destroying itself

 

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