The effects of the Covid-19 pandemic have been felt all across the world and America is no different. People have lost their jobs, their homes, their lives, and to make matters worse, the number of people infected by the disease in the U.S. are the highest in the entire world. People are struggling to pay their rent, buy food and keep their businesses open. The effect has been both ruthless and debilitating on everyone, but mostly on low-income communities that have since been forced to file for bankruptcy.
Despite the number of stimulus packages rolled out over the past few months, many poor Americans are coming to grips with the fact that the money is going to end just a few days after Christmas. And with the number of infections, hospitalizations and deaths still on the rise, America seems to be on the brink of a losing battle, in more ways than one.
Democrats, including Speaker of the House Nancy Pelosi, have rallied behind the recently updated HEROES Act, a bill which has since passed $2.2 trillion in aid. It has been used for emergency funding in order to keep communities afloat by adding $700 billion into local, state and tribal governments so far.
Although the HEROES Act bill has been able to support a number of major community programs such as public schools, colleges, and library services, OpenTheBooks auditors have also discovered that around $350 million in coronavirus “aid” is actually set to go towards 50 of the nation’s riches communities as listed in the Bloomberg 2020 Richest Places within the United States.
Incredibly, the auditors found that the average annual income in these communities actually ranged between $262,988 in Darnestown, MD to $525,324 in Atherton, CA. Obviously, Americans that live in these neighborhoods are probably not as hard pressed to pay for their utility bills or basic food necessities as those living in the poorer areas throughout the country.
While no one is saying that these communities are not suffering from the coronavirus pandemic either, the fact of the matter is that the poorer communities have easily suffered far worse than those that live in the wealthier areas in the country.
If this proves anything, it’s that while the Democrats love to heckle Republicans for fighting for the interests of the rich, but apparently, they are just as guilty.
Forbes magazine also released their list of the 10 richest communities within the country that will be getting bailouts from the HEROES Act.
1. Atherton, CA – Income: $525,324 / Bailout: $3.8 million
One of the most affluent communities in Silicon Valley, Atherton has an average home price of $7.5 million. Celebrities like NBA star Stephen Curry and WhatsApp founder Jan Koum both live there in multimillion dollar homes.
2. Scarsdale, NY – Income: $452,041 / Bailout: $8.8 million
Located 35 minutes out of New York City, Scarsdale is considered one of the richest areas on the East Coast with stars like Jay-Z and Beyoncé living there. Homes cost around $1.2 million on average.
3. Hillsborough, CA – Income: $430, 681 / Bailout: $5.7 million
Known to be one of the most affluent areas in California, homes in this area have a median prices of around $5.4 million. Some well-known celebrities that own homes here are Jenny Craig, Jimmy Kimmel and SpaceX’s Elon Musk.
4. Cherry Hills Village, CO – Income: $406,314 / Bailout: $3.3 million
Just 10 miles out of Denver, the average home price in Cherry Hills sits at around $2 million. While Condoleezza Rice and Madeline Albright both graduated from some of the more exclusive private schools in the area, NFL stars John Elway and Peyton Manning also own homes there.
5. Los Altos Hills, CA – Income: $405,073 / Bailout: $4.2 million
Los Altos Hills is another notable Silicon Valley area with homes costing around $3 million on average. Google founder Sergey Brin lives there, as well as another tech capitalist, Israeli billionaire Yuri Milner who owns a $100 million dollar home in the area.
6. Short Hills, NJ – Income: $388,760 / Bailout: $6.5 million
Known as a suburb of New York City suburb, Short Hills is another opulent area to live and own property. This areas has quite a number of actors, authors, CEOs and pro sports players living here too.
7. Highland Park, TX – Income: $365,025 / Bailout: $4.5 million
Five miles away from Dallas, Highland Park is yet another rich town with homes averaging $1.5 million. Former Texas Governor Bill Clements and Dallas Cowboys’ owner Jerry Jones both live here.
8. Glencoe, IL – Income: $358,543 / Bailout: $4.4 million
Just north of Chicago, Glencoe is actually the richest town in Illinois with Groupon founder Eric Lefkofsky and author Scott Turow both living in the area. Home prices can reach anywhere between $500K to $1.52 million.
9. Winnetka, IL – Income: $353,700 / Bailout: $6.1 million
Just on the border of Glencoe, Winnetka is actually where a number of notable 80s films were made like Ferris Bueller’s Day Off, Home Alone, Risky Business, National Lampoon Christmas, and Breakfast Club. Homes have a median price of around $1.4 million.
10. Darien, CT – Income: $352,839 / Bailout: $10.7 million
This East Coast town is home to quite a big number of CEOs, politician and actors, and even has nine country clubs to its name. This posh town has a $1.3 average price for their houses.
While the Republicans have been majorly criticized for the way they handle tax cuts and obviously protect the rich, this list only proves that Democrats need to be held accountable for their actions as well. Especially when they are seemingly handing over taxpayer money in a time of crisis to communities that seemingly do not need it. So now the question remains, who’s accountable now?
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