The answer is that for a certain group of Americans who want to see change but not pay for it, the idea has taken hold that all that needs to happen for everyone in the nation to be wealthy is for a few billionaires to give away part of their wealth: note ‘part of,’ not even much of it.
The idea has skewed the debate about healthcare that seems likely to be the ground zero of the presidential campaign in the autumn.
Plenty of Sanders supporters seem to genuinely believe that American healthcare could become free at the point of delivery — entirely government funded — if a few wealthy people paid more tax. Perhaps they think Mike Bloomberg could fund it.
It’s barmy. And to be fair to Senator Sanders, he makes no such claims. Yes, he points out that according to the think tank the Institute for Policy Studies three people — Bill Gates, Warren Buffett and Jeff Bezos — own more wealth than the bottom half of the American population.
True. Disturbing, even.
But Sanders does not pretend that going after them and them alone is not enough to change America.
As well as “getting rid of billionaires” (he has a car bumper sticker promising this so it must be true) he acknowledges the need for the much less wealthy to chip in: employees would pay a 4% premium on all income above $29,000 to fund Medicare for All, he says. So once you earn serious money you would be paying a decent whack.
And here’s the rub. Williams seems to think — along with so many on the American Left — that it is not about him. The billionaires will foot the bill for fairness. But it’s nonsense. The brilliant English think-tanker Richard Reeves pointed out years ago — in his book Dream Hoarders — that the top 20% of the USA should be where the finger is pointed and the redistribution might begin. These, Reeves says, are the comfortably off who have used their wealth and their cultural power to cream off the best of American life for themselves.
“It would be an exaggeration to say that the upper-middle-class is full of gluten-avoiding, normal-BMI joggers who are only marginally more likely to smoke a cigarette than to hit their children,” Reeves wrote. “But it would be just that — an exaggeration, not a fiction.”
This is where the debate about American inequality should perhaps be focused: where it could make a real difference. It’s not (just) about the billionaires; it’s about the glass floor that separates the upper-middle-class of America from the rest.
It’s about persuading the gluten-free joggers to have respect for people who live in communities in which gender roles are still marked. In which family ties still matter more than any other. In which you run in the street only to get away from a mugger or the police.
Many of these folks rather like billionaires. They admire their energy. They envy them their yachts. Suggesting to them that life could be dandy if the billionaires coughed up is insulting to their intelligence, and avoids, according to those who study these matters seriously, the real problem.
In sleek studios in New York, it is easier to discuss tweets about billionaires and mangle maths than to focus on what would drive real change. That would require a talk about class. Where do millions of people like Brian Williams spend their holidays? Where do their kids go to university? And are they willing to give up their privilege? As a fellow broadcaster I suspect he’d employ one of our favourite get-out clauses — always true on the Today programme of course — “I’m so sorry, we’re out of time…”
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