Hagar Chemali: ‘You Don’t Want People To Feel’ Their Economic Struggles Are Because of Billionaires

RUSH EXCERPT:

CHEMALI: “I don’t really have a problem with it because I don’t have a problem with how these billionaires and now single-trillionare made their money because they’ve grown these companies. They built them. But the wealth gap that you’re talking about, it’s important because you don’t want people to feel their very real economic suffering is because of all the boats rise with it, right? And I think that there’s a danger in viewing the billionaires as the problem because then it leads from there people to say it’s our economic system that isn’t working. Therefore, it’s capitalism that isn’t working. And you’re already seeing those seeds being planted, right? Mamdani, his big arguments were about socialism, things like that. And the thing is, you need certain regulations, maybe taxes, maybe things that can indicate to people that are going to do business and innovation, and hopefully that has job growth. It’s other ways. You want them to believe there’s opportunity they can pursue, but it’s not…”