Sunday, November 24, 2024

The Rich Get Richer...

Item 1:  “From the 2017 census to the 2022 census, there was an 8% decrease in farms owned by families or individuals, a 4% decrease in partnerships, and a 9% increase in corporations.”


     See Alissa Cowell-Mytar, “Corporate Farm Ownership on the Rise,” Lancaster Farming, (Nov. 23, 2024), p. A14.


Item 2:  “The net worth of the word’s 10 richest people rose $63.5 billion the day after the election, the biggest daily increase since Bloomberg began its wealth index in 2012.  Tesla CEO Elon Musk alone saw his wealth increase by $26.5 billion.  The gains came from a surge in U.S. stocks built on anticipation that Trump will cut taxes and regulations.  


See The Week, (Nov. 22, 2024), p. 16.


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