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INGERSOLL: It’s Certainly The One Percent That’s Driving American Misery. Just Not The Top One Percent

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24.06.2026

INGERSOLL: It’s Certainly The One Percent That’s Driving American Misery. Just Not The Top One Percent

NEW YORK, NEW YORK - OCTOBER 31: New York City Mayoral Candidate Zohran Mamdani visits a cultural center for the elderly, where he participated in both tai chi and other cultural dances on October 31, 2025, in New York City. Mamdani continues to hold a substantial lead in the polls against his two opponents, as his message about the cost of living in America's largest city resonates with many New Yorkers. (Photo by Spencer Platt/Getty Images)

Below is State of the Day, a morning newsletter by Daily Caller Editor-at-Large Geoff Ingersoll. Sign up here.

Greetings, Dear Reader,

I suppose by now you’ve heard that Mayor Mamdani’s picks all won their primaries for US congressional seats in NYC districts?

What does it all mean? 

Well, it’s not very complicated.

The biggest lie blanketing western politics today is that the problems facing normal people are complicated and require complicated solutions.

I’ve covered this idea already, so I won’t belabor it. In short: The solutions are not complicated.

Landing a rocket on a moving barge out at sea, that’s complicated. So is beaming cheap internet from orbit, or even as I believe will happen at some point, cheap energy for everyone’s home. Likewise, designing the first consumer humanoid robot is complicated.

Solving those problems in a way that is accessible to nearly everyone would certainly make a man rich. On June 12, they made Elon Musk the world’s first trillionaire when SpaceX went public.

The reaction from the far left was instantaneous: Take Musk’s wealth and give it to (our friends who will then........

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