Let them eat cake...

"Not surprisingly, after six years of minimal income gains and numerous tax increases, the middle class – Americans making roughly $60,000 to $90,000 – remains far less sympathetic to Obama’s policies than either the rich or the poor. Yet none of this likely affects the Davos attendees, like billionaire real estate investor Jeff Greene, who said, to fight climate change, Americans need to “live a smaller existence.” This, coming from a man with five houses, including a Beverly Hills estate listed at $195 million, does not constitute an ideal populist program."

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