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Wealth of 85 richest people equal to poorest 3.5 billion people
Posted on 7/6/20 at 10:51 am
Posted on 7/6/20 at 10:51 am
Goes to show you how easy it is to be lazy, stupid, and poor.
Work harder, poor people.
Work harder, poor people.
15
Posted on 7/6/20 at 10:52 am to i am dan
Liberals hate the rich. Conservatives do something about it.
Posted on 7/6/20 at 10:55 am to i am dan
liberals hate the rich, but do nothing to help the poor pull themselves up
Posted on 7/6/20 at 10:55 am to i am dan
I have no problem with rich people. My problem is with the politicians that sell out to the rich people and establish policies that make the rich richer and the middle class poorer.
Posted on 7/6/20 at 10:56 am to i am dan
There are many poor people in the US who are in an endless cycle of poverty.
But how many of these 3.5b people live in countries that do not allow them an opportunity to improve their life? China, North Korea, Saharan African countries, Alabama?
But how many of these 3.5b people live in countries that do not allow them an opportunity to improve their life? China, North Korea, Saharan African countries, Alabama?
Posted on 7/6/20 at 10:57 am to i am dan
True but our modern political system and politicians have helped to widen the income gap and shrink the middle class. The rich are getting richer and voting democrat. This is what socialism looks like.
Posted on 7/6/20 at 10:57 am to i am dan
quote:
Work harder, poor people.
But even more than that.... work smart!....
Posted on 7/6/20 at 10:59 am to ehidal1
quote:
True but our modern political system and politicians have helped to widen the income gap and shrink the middle class. The rich are getting richer and voting democrat. This is what socialism looks like.
The Federal Reserve is the only thing that is keeping that number and gap from exploding. Inequality is relative and mostly meaningless in reality.
Posted on 7/6/20 at 11:00 am to i am dan
Leftist ideology is all about destruction in the name of creation. They don't actual create or build anything. They simply destroy or take away what others have to level the playing field.
Posted on 7/6/20 at 11:01 am to i am dan
That is about the single most meaningless stat I have ever seen.
Posted on 7/6/20 at 11:02 am to i am dan
quote:
Wealth of 85 richest people equal to poorest 3.5 billion people
And likely very few of those rich if any actually live in the countries that hold the vast majority of those 3.5 billion. 70% of the world is a complete shithole. The poorest people in the US are wealthier than over half of the worlds population easily
Posted on 7/6/20 at 11:04 am to patnuh
quote:
There are many poor people in the US who are in an endless cycle of poverty with cable and big screen tv's.
Posted on 7/6/20 at 11:05 am to i am dan
Think it’s called the Pareto distribution that partially explains this phenomenon. It’s naturally occurring in many systems in nature, including and up to the distribution of mass in any given solar system.
Posted on 7/6/20 at 11:10 am to wutangfinancial
quote:It would only have meaning if the supply of money was finite. It is not.
Inequality is relative and mostly meaningless in reality.
Posted on 7/6/20 at 11:44 am to i am dan
the wealth of the world is not a zero sum game like the left portrays. it is possible for more people to be wealthy if they actually want to be. there's no guarantee, some good fortune is needed at times. but it's certainly NOT the case that these wealthy people are "hoarding" the wealth and others don't have access to it.
don't believe me - check out youtube sometime. people are millionaires for doing some of the dumbest, most inane things you can imagine. HIS NAME WAS LOGAN PAUL
don't believe me - check out youtube sometime. people are millionaires for doing some of the dumbest, most inane things you can imagine. HIS NAME WAS LOGAN PAUL
Posted on 7/6/20 at 11:45 am to i am dan
quote:
Work harder, poor people.
Some would, if given the opportunity for better jobs.
The statement needs to be vote different.
The Dem party needs someone to pander too. If they bring the poor out of poverty they won't have a base. They love to keep them on welfare and thus a life sentence to poverty.
Posted on 7/6/20 at 11:45 am to patnuh
quote:hence the absurdity of protesting america. and cheering for the tide.
But how many of these 3.5b people live in countries that do not allow them an opportunity to improve their life? China, North Korea, Saharan African countries, Alabama?
Posted on 7/6/20 at 11:48 am to i am dan
quote:
Wealth of 85 richest people equal to poorest 3.5 billion people
Look no further than monetary policy and regulation.
I.e. government.
Posted on 7/6/20 at 11:49 am to i am dan
Another way to think about it:
85 people have contributed more to the development of the global economy than 3.5 billion people.
85 people have contributed more to the development of the global economy than 3.5 billion people.
Posted on 7/6/20 at 11:50 am to ehidal1
quote:some might say it's even brilliant.
The rich are getting richer and voting democrat. This is what socialism looks like
1. eliminate middle class
2. keep lower class dependent on govt controlled by the wealthy
3. create new fad every so often that lower class shells out for. repeat cycle
4. profit
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