Monday, March 2, 2020

Money for Nothing


Bernie Sanders is Funded by the Wealthiest Zip Codes in America

Tech industry bros and trust-fund hipsters are buying the nomination for Bernie

Geographically, Bernie's top dollar zip code is 94110 in San Francisco. The average household income in this part of the Mission District, specifically the Inner Mission, the Bernal Heights area, is $166,302. The median home value is around $1.5 million and the median rent is almost $5,000 a month.

There are no poor socialists in what was dubbed as “the hottest neighborhood in San Francisco.”

... The second top dollar Bernie zip code in San Francisco, 94117 or Haight-Ashbury, seems like a better fit for Bernie. But the Summer of Love has long since given way to the Winter of Trust Fund Hipsters in the Haight where the average income is $201,503 and average home values top $1.6 million.

The media has made much of Bernie’s flow of donations from Brooklyn. But the money isn’t coming from the working-class Brooklynites of Bernie’s old neighborhood, but the gentrifying areas of the borough. 11215 or Park Slope is the second biggest top dollar zip code of Bernie donors.

... In third place on Bernie’s donor list is 10025 or the Upper West Side of Manhattan. With an average rental price of $4,695, it’s not exactly an inexpensive place to live. The UWS is the 8th richest neighborhood with a $190,281 mean household income. And this is where Bernie’s cash comes from.


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BERNIE’S WEALTHY BROS


The socialist movement in the U.S. is, in large part, a movement of the one percent–in particular, the young, hipster element of the one percent. This isn’t as surprising as it may seem. Giving more power to the government isn’t necessarily a bad thing if you think you are going to be running the government, or that those who run the government will do so in your shared interests. It is a lot easier for wealthy young hipsters to imagine the government being run in their interests than for blue-collar Americans to do the same, which is why wealthy hipsters are likely to be socialists, while working class Americans are not.

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