Mayor Michael Bloomberg is reportedly $5 billion richer this year than he was last year, good for the number 13 spot on a Forbes list of billionaires.
According to a new report being released today and previewed in the Wall Street Journal, "More than 21,000 children—an unprecedented 1% of the city's youth—slept each night in a city shelter in January, an increase of 22% in the past year."
Really says it all.
1% of the city's youth slept each night in a shelter in January.
Bloomberg has $5 billion more than he had the year before.
These two stories are not unrelated.
Bloomberg and his fellow oligarchs are gobbling up more and more of the wealth and leaving less and less for the rest of us