Worst May Not Be Over For Wall Street
MATT MILLER: When the Forbes 400 gets richer, people get more jobs, there is more innovation, there is more capitalism, and more capitalism means more money for everybody. When the Forbes 400 gets stagnant, and you see the economy in a complete lockdown, that's problematic for you and I.
INSKEEP: It might also be worrying for the museums, and libraries, and schools that depend on donations from these billionaires, since many of them are big philanthropists. One thing did not change in the Forbes 400. The richest person on the list is still Bill Gates. And that's the business news on Morning Edition from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, Host:
And I'm Renee Montagne.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.