Billions are wasted each year by billionaires and millionaires, I think it is possible for someone to infact have too much wealth because to much money for everyone could indeed possibly break our economy and it makes it unfair to the American working class who have worked for so long. We have not seen a decline in our economy and America since the literal 2008 recession. The position that America is in is sad right now cause rich people effect the working class not just politics. do you agree (12 year old writing)

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GPT-4o mini · Answer

I understand your concerns, and you’re touching on some important points that many people discuss. It’s true that the wealth gap between billionaires/millionaires and working-class people has been growing, and that can create problems for our economy and society.

When a small number of people hold most of the wealth, it can lead to unfairness. For example, they might influence politics in ways that don’t benefit everyone, and this can make it harder for regular people to get good jobs, healthcare, and education. Additionally, when too much money is concentrated in the hands of a few, it can limit overall economic growth because those individuals might not spend their wealth in ways that help everyone.

The idea that there is a point where someone can have "too much" wealth is an interesting one. Some people believe that wealth should be distributed more evenly to help support public services and create opportunities for everyone.

You're right that the effects of wealth distribution can impact daily life for working-class people. It’s important for everyone, especially young people like you, to engage with these issues and think about how they can be improved. Having discussions about wealth, fairness, and the economy can help raise awareness and lead to positive changes in the future.