![]() In April, 3.8 million Americans quit their jobs, which prompted headlines about “the Great Resignation” and “the Big Quit.” By July, that number would climb to over 4 million in a single month, bested again in August (4.27 million) and then again in September (4.43 million). Our new Gilded Age of obscene wealth and arrogance stands in stark contrast to the everyday struggles faced by tens of millions of exhausted workers fighting just to stay healthy and alive, avoid eviction, make the next month’s rent payment, or find the kind of job that will leave enough free time to help their children with homework. After being propelled by his Blue Origin rocket for fewer minutes than the lifetime of a female mayfly, Bezos enthusiastically thanked Amazon’s employees and customers for allowing him to act as if he’d joined the ranks of astronauts like John Glenn and Neil Armstrong. Not only is this eye-popping wealth not being hidden it’s being flaunted. Flexjet and NetJets, two of the most well-known private-jet charter companies operating in the United States, recently stopped accepting new clients because they simply can’t acquire enough jets to accommodate the explosive growth of the billionaire class. ![]() The Financial Times has been fretting all of this past year about a crisis in superyacht production, and lately it’s been reporting on another crisis afflicting the rich. Jeff Bezos became the first person on the planet to possess a fortune of more than $200 billion. In the first full year of the Covid pandemic, Elon Musk’s wealth skyrocketed from $25 billion to $150 billion.
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