As a reporter of the news, and even as a reporter of news in slanted fashion, the New York Times contradicts the opinions of those it favors more than it realizes. Elizabeth Warren in particular. None of this is purposeful, but consider what's long been news at the Times: the top 10% of earners in the U.S. account for roughly 90% of investment in the U.S.
None of the above should really surprise us. The rich, or for that matter the merely well-to-do, logically have more savings after purchasing life's essentials. As a consequence they have more money to invest. In reporting the news, the Times regularly relays to readers that America's rich are the source of the vast majority of investment. No doubt they pass on this information to make a case for fleecing the rich, no doubt the candidates they favor use it in the same way, but there's a contradictory quality to all this. Call what the Times reports about investment news, call it a statement of the obvious, but whether one, the other, or both, this news exists as an inconvenient truth for Warren. It's also inconvenient for her critics. Please read on.
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