[richwater]

As with most of these things, the (shallow) comparison is interesting but there is no actual justification for why it's _bad_.

Why do I care how many jets an ultra wealthy person can buy? I literally am not affected by it at all. In fact, my best friend is an aircraft mechanic at a popular private airport. He directly benefits (full wage, salary and benefits) from the rise in private air travel.

[silverquiet]

Jets are rather problematic in their carbon output, but I'm much more concerned with how many politicians a rich person can buy than jets.

[spencerflem]

One reason it's bad is because they are taking all the new wealth. Since 2020- the economy has gone up, billionaires are dramatically wealthier, and yet most peoples wealth did not change or went down.

In the USA, the wealth of the top 25 people is equal to that of the entire bottom 50%.