Why the hyper-rich turn into crybabies when "one percent" is invoked

I read somewhere a while ago …

I read somewhere a while ago that Iraq had WMDs and we’d be greeted as “liberators” after invading Iraq. It didn’t quite work out that way.

How about providing your source? Let me guess, you don’t have one…? That’s ok, I have some sources below…

Though nobody pays for their externalities (rich or poor).

That’s an absolutely untrue statement based entirely on fiction.

Check this post (for starters) and educate yourself on who pays the costs:

Why the hyper-rich turn into crybabies when "one percent" is invoked - #161 by Cowicide?

Average American taxpayers and the poor (dearly) pay for externalities:

Fast food, poverty wages: The public cost of low-wage jobs in the fast-food industry:
http://laborcenter.berkeley.edu/publiccosts/fastfoodpovertywages.shtml

Airlines get $2.7 billion in taxpayer-backed loans while using poorly paid workers:

http://thechart.blogs.cnn.com/2010/06/22/epa-renew-polluters-pay-tax-to-fund-cleanups/

Taxpayers foot bill for cleanup of polluted site in south St. Louis:

Disparities in the Impact of Pollution on the Poor:
http://www.stateoftheair.org/2013/health-risks/health-risks-disparities.html

Pollution disproportionately affects the poor:

Low-Income, Minority Communities Disproportionately Exposed To Toxic Air Pollutants, Study Finds:
http://www.medicalnewstoday.com/releases/148257.php

(This all just barely scratches the surface, by the way)

The poor (especially the poor) pay for externalities not just with their limited money, but with their time, suffering and even with their very own lives. Let me know when the billionaires start living next to the superfund sites they create (and start paying for them in earnest along with all the damage to the poor that live there).

For you to dismiss this is incredible.

I don’t now what libertarian think tank crack you’ve been smoking, but that’s so far from reality that it’d be laughable if it wasn’t so heartless and delusional to say such things.

6 Likes