ANIMATION: The 400 Wealthiest Americans Could Pay Off Everyone’s Student Loans


As the government moves into the final days of negotiations over the debt ceiling — negotiations most likely to be concluded by a budget deal that will do significant harm to the poor, the working class and middle class Americans throughout the country — it seemed worthwhile to revisit the bizarreness of the Republicans’ refusal to consider tax hikes on the wealthy of any sort, while the accumulation of wealth at the very top of America’s economic ladder continues to reach staggering levels.

Forbes Magazine’s annual listing of the 400 richest Americans, as well as the news that student loans in this country are likely to total $1 trillion this year, gave ThinkProgress a practical example on which to base an animated infographic. Watch it: