Re:Work, Work, Work – So a Few Can Be Rich
by JoeAltmaier on Thursday August 11, 2022 @02:30PM
(#32429853)
For those in the top of earnings, it feels good to ignore wealth inequality. To imagine it's somehow 'ok' that a handful of people own over half the economy, is tragic.
Consider: the bottom half of American wage-earners (those below $97,000(!)) have combined wealth of approximately 1% of the American total.
So maybe we're talking about the wrong 1% - we can instead consider those sharing <1% of the 'American pie' who's income is hopelessly distant from anything that could dig them out of the bottom.
I have to imagine, the parrot in the room is not me. I wonder why somebody "far left" can fool themselves this way.
But this is leftist propaganda that makes no sense.
I just disproved that ALL billionaires (including the centibillionaires) do not have a meaningful amount of money to distribute to the country (or the globe) in any reasonably fair way.
Singling out the centibillionaires - Musk and Zuckerberg and Bezos and Gates and Buffet - doesn't make my point irrelevant. If you're only looking at them - their contribution is more unequal, sure! But they don't even have half the billionaire total. They aren't even half the problem. Taking their money wouldn't even do half as much!
Do they have disproportionate power? Absolutely!
Are they using that to get even more money? I think it's hard to argue they aren't.
Is that a problem? I think so.
Are they skimming all the money so we have nothing? This idea is laughably wrong, and the amount of times it is parroted is infuriating.