this post was submitted on 20 Oct 2024
1216 points (97.4% liked)
Microblog Memes
5765 readers
2523 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If we peel about 50 billionaires and their families we could make every single American a multi-millionaire. I bet it would put a dent in wage theft, too. Scare the piss out of middle managers so hard they prolapse their ureters.
That's not correct.
The average wealth in this country is ~250k a person
Yeah their number sounded really high, but fuck it hurt to see 250k as well. Do I count as 0 or a negative number if I have more debt than my possessions are worth?
I think ~~0~~ EDIT: I meant to say the total asset value.? I'm not sure. I think the number came from total wealth as an object, not total net worth.
Could still be correct, average is heavily skewed by the millionaires/billionaires.
No. No way. A million a person would mean $325 ish TRILLION for just the US. I think that's around half the global wealth?
So you're saying we just need more economic imperialism?
No
The median income is supposedly around 64k, which already paints a different picture.
The average wealth could be $1,990,000 and they'd still be incorrect, lol (assuming the minimum value for "multimilion", $2 million).
The 50 richest people in the US have a collective net worth of about $3 trillion. If you could wave a magic wand and turn that net worth (which is not an amount of cash money) directly into cash, something that obviously can't actually be done, but I digress, and you distributed that $3 trillion evenly among the ~340 million people in the US, everyone would get about $8800, lmao. Not quite multimillionaire level.
It amuses me how confidently people will state complete bullshit, even when it's so easily debunked.