• Captain Aggravated@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    2
    ·
    24 days ago

    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.

    • Kairos@lemmy.today
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      1
      ·
      24 days ago

      That’s not correct.

      The average wealth in this country is ~250k a person

      • LifeInMultipleChoice@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        4
        ·
        24 days ago

        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?

        • Kairos@lemmy.today
          link
          fedilink
          English
          arrow-up
          4
          ·
          edit-2
          7 days ago

          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.

      • Hawk@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        1
        ·
        24 days ago

        Could still be correct, average is heavily skewed by the millionaires/billionaires.

    • ObjectivityIncarnate@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      4
      ·
      24 days ago

      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.