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Minimum wage (slrpnk.net)
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[-] LodeMike@lemmy.today 4 points 6 days ago

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?

[-] LodeMike@lemmy.today 4 points 6 days ago

I think 0? I'm not sure. I think the number came from total wealth as an object, not total net worth.

[-] damnedfurry@lemmy.world 1 points 5 days ago

The average wealth could be $1,990,000 and they'd still be incorrect, lol (assuming the minimum value for "multimilion", $2 million).

[-] Hawk@lemmy.dbzer0.com 1 points 5 days ago

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

[-] LodeMike@lemmy.today 2 points 5 days ago

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?

[-] Hawk@lemmy.dbzer0.com 0 points 5 days ago

The median income is supposedly around 64k, which already paints a different picture.

[-] socsa@piefed.social 0 points 5 days ago* (last edited 5 days ago)

So you're saying we just need more economic imperialism?

this post was submitted on 20 Oct 2024
1210 points (97.3% liked)

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