The intent is to eliminate the middle-class...especially the White middle-class.
The "utopia on Earth" they think they can create will be run by the govt elites whose ranks will be filled through academia. Govt will have the answer for everything and they will make all decisions for the rest of us "in our best interest".
It's no wonder that 0 does not have a single self made man (started a business from nothing and became very successful) in his cabinet, or closest advisers. He is surrounded by career politicians, academics, those that inherited wealth and some former employees of fortune 100 companies.