It is not just random social-media postings. In March, MSNBC’s Brian Williams went on the air and endorsed a tweet that stated: “Bloomberg spent $500 million on ads. U.S. Population, 327 million . . . He could have given each American $1 million.” His guest, New York Times editorial board member Mara Gay, concurred that “It’s an incredible way of putting it. It’s true. It’s disturbing.”
It is not true. Instead it is a spectacular failure of arithmetic. Michael Bloomberg’s $500 million in ad purchases could have otherwise given each American $1.52 — not $1 million. And dividing Jeff Bezos’s $200 billion in wealth equally among 330 million Americans would provide $600 each, not $1 million or $3 million.
Additionally, 260,000 people “liked” a tweet condemning how “Jeff Bezos is about to become the world’s first trillionaire” (he has $800 billion to go).
It is tempting to dismiss these claims as random, innocent mathematical errors. In reality, they are central to the growing “Democratic Socialist” worldview, which is increasingly united around the belief that seizing the wealth of Jeff Bezos and other billionaires can finance the future they want. This belief explains the far Left’s non-stop fixation with billionaire wealth (such as the widely circulated but false claim that billionaires have added $584 billion in wealth since the pandemic began). In particular, the Left is obsessed with the world’s richest man (“Jeff Bezos has decided he will not end world hunger today” recently received 500,000 Twitter likes). Just last week, protesters built a guillotine in front of Bezos’s home.
21% of University of Wisconsin System Freshman Require Remedial Math