I don't care how you define good and bad; that's not the topic. You asked how he categorized wealthy as worse spenders than government, the answer is the size of the group. More people equals better spending decisions because it's less centralized. So are you anti-government, or anti-central planning? Because you can have defacto central planning without a government; that's what extreme wealth is, defacto central planning. Sometimes giving the government the money to spend is the more decentralized option.