Robert Reich wants us all to believe that Texas is especially evil and that the plutocratic capitalists sit there, cackling with glee, as the poor freeze. That inequality there is more and worse than elsewhere.
Which is why he says the following:
Texas has the third-highest number of billionaires in America, most of them oil tycoons.
Well, yes, OK. Except this:
Texas has the second largest population so, if billionaires were randomly, or even averagely, distributed then we’d expect it to have the second largest number of them.
Reich is using a lower incidence of plutocrats as evidence of how plutocratic the place is.
That’s either idiocy or casuistry, one or the other.