The rapidly increasing number of Republicans running for president is dramatically eroding the availability of American billionaires and their precious largess, a recent study suggests.
Researchers with the American Enterprise Institute say that at the current rate Republicans are throwing their hats into the ring for the White House, the party is on course to exhaust the country’s entire supply of billionaires by the fall.
If that happens, the AEI says, some GOP candidates could be left without super-wealthy sugar daddies to foot their presidential bids, leaving them no option but to scrounge around for hundreds of millions of dollars from scores of poor, smelly millionaires. Even worse, some less-fortunate candidates may have to resort to interacting with and asking for money from average Americans, the AEI claims.
The number of billionaires who haven’t been suckered into throwing their money down a political black hole will likely approach zero as the summer wears on.
Of the estimated 536 billionaires in the United States, the AEI estimates about half of them are already committed to fund a Republican’s pipe dream of running for president in 2016. With a slew of even more GOP White House hopefuls expected to announce their candidacies over the coming weeks and months, the study indicates the number of billionaires who haven’t been suckered into throwing their money down a political black hole will likely approach zero as the summer wears on.
Steven Hayward, a fellow with the AEI, calls the trend “disturbing” and eerily reminiscent of another tragedy in American history.
“The American billionaire could suffer the same fate as the American buffalo,” Hayward insists. “Without a concerted conservation effort, the sight of hundreds of billionaires freely roaming and spending their money across the American landscape will soon become a thing of the past.”