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Wealth Fails to Trickle Down to the Lower, Working Classes

Forbes is up to its old tricks. Once again it celebrates the wealthiest among us with its annual Forbes 400. The minimum entry fee for this exclusive club is a net worth of $1.3 billion. Once upon a time, during the hardly socialist era of Reagan's America, a mere few hundred million would suffice. Any time a leftwing columnist worries about escalating wealth, he or she is accused either of envy or of failing to recognize the benefits everyone derives from the accomplishments of the wealthy elite.