Could you live on $471,465 per year?

[initforme]

Just raise wages across the board, watch the economy take off.

 

[80zephyr]

That's not true.

How would you know?

 

[Toddsterpatriot]

People talk badly about socialism and Marxism. Most don't even know what they are. But here is a question for you:

Could you live on $471,465 per year?

If Wealth Was Evenly Distributed Across the US, How Much Money Would Every Person Have?​

According to the Federal Reserve, U.S. households hold $160.35 trillion in combined wealth, which is the value of every American’s assets minus their liabilities.

To say it’s distributed unevenly is too much of an understatement to even qualify as an understatement. The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.

Here’s a look at how much money each American would have if every person got an equal slice of the country’s wealth.

According to Google’s Data Commons project, the U.S. is home to roughly 340.11 million people.

If they divvied up the country’s $160.35 trillion jackpot equally, each would have about $471,465. That’s $942,930 per couple. If a couple had two kids, the four of them would be sitting pretty with $1.89 million.

MSN

According to the Federal Reserve, U.S. households hold $160.35 trillion in combined wealth, which is the value of every American’s assets minus their liabilities.

Yeah, everyone's life savings, not everyone's annual income.

Is your idiocy an example of why black people make less than whites and Asians?

Whites and Asians can do basic math. And then there's you.

 

[Toddsterpatriot]

Just raise wages across the board, watch the economy take off.

Let us know what your employees say when you do that.
And your customers.

 

[IM2]

I suspect you would be as well. Let's say you got your druthers, and the government confiscated all wealth and redistributed it equally. How long do you think it would take for things to end up right where they started? Five years? Ten?

It would never happen.

 

[dblack]

It would never happen.

Lol. Mkay. Maybe we'll get ourselves a "teachable moment".

 

[dblack]

Let us know what your employees say when you do that.
And your customers.

Heck, we should just declare that every dollar is now worth ten. That would make all of us ten times richer, right?

 

[drudge X]

According to the Federal Reserve, U.S. households hold $160.35 trillion in combined wealth, which is the value of every American’s assets minus their liabilities.

Yeah, everyone's life savings, not everyone's annual income.

Is your idiocy an example of why black people make less than whites and Asians?

Whites and Asians can do basic math. And then there's you.

Every group has the capability to do basic math. Problem is when certain groups fall behind and unwilling to learn, suddenly getting the right answer is an act or display of white supremacy.My question to blacks is what standards have blacks given to this country or the world that we should use as a benchmarking tool

 

[IM2]

How would you know?

Simple, I know history, and I know who the prime recipients of government money were. People who were little children during that time, such as The Hawk, would not have known whether his parents got government help or not. Furthermore, they lived during Jim Crow. Enough said.

 

[IM2]

Every group has the capability to do basic math. Problem is when certain groups fall behind a day willing to learn, suddenly getting the right answer is an act or display of white supremacy.My question to blacks is what standards have blacks given to this country or the world that we should use as a benchmarking tool

This thread isn't about blacks, it is about wealth inequality.

 

[80zephyr]

Simple, I know history, and I know who the prime recipients of government money were. People who were little children during that time, such as The Hawk, would not have known whether his parents got government help or not. Furthermore, they lived during Jim Crow. Enough said.

You are making assumptions. When I was growing up in central Wisconsin, this area was 100% white. Not certain how Jim Crow laws would have helped me.

 

[dblack]

This thread isn't about blacks, it is about wealth inequality.

Equity!!!

 

[Toddsterpatriot]

This thread isn't about blacks, it is about wealth inequality.

Wealth inequality and how blacks can't do math.

 

[drudge X]

This thread isn't about blacks, it is about wealth inequality.

Unless you are living in the matrix, there is no such thing as wealth equality. Some are born with a silver spoon whereas some work their way up. Complaining about how rich Musk and Bezos are won't help you one bit. Do something about your situation. Learn to invest. Spend with discipline instead of impulse buying, responsible financial management, etc.

 

[initforme]

Let us know what your employees say when you do that.
And your customers.

Employees would happily accept it. Custo.ers that are pro america would too. Those against would be anti americans.

 

[IM2]

You are making assumptions. When I was growing up in central Wisconsin, this area was 100% white. Not certain how Jim Crow laws would have helped me.

No assumption, straight American history. You lived in a place that was 100 percent white and can't understand how Jim Crow helped you. LOL!

 

[Toddsterpatriot]

Employees would happily accept it. Custo.ers that are pro america would too. Those against would be anti americans.

Sounds awesome! How much higher are the wages going to be?

 

[Toddsterpatriot]

No assumption, straight American history. You lived in a place that was 100 percent white and can't understand how Jim Crow helped you. LOL!

No blacks, no crime?

I guess we could all use some help like that.

 

[initforme]

3x what illegals were doing the same work for. Seems like a very fair deal to all involved. One is either pro american and supports this or anti ametican. What did will you choose?

 

[IM2]

Unless you are living in the matrix, there is no such thing as wealth equality. Some are born with a silver spoon whereas some work their way up. Complaining about how rich Musk and Bezos are won't help you one bit. Do something about your situation. Learn to invest. Spend with discipline instead of impulse buying, responsible financial management, etc.

This thread is about a study, but you retarded chumps decided to post your racist bullshit.

Actually there is such a thing as wealth equality. Fighting continuing white racism IS doing something about the situation. Now since I had a CFP designation at one time in my life, shut the **** up.