this post was submitted on 26 Oct 2024
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[–] FlyingSquid@lemmy.world 1 points 2 months ago (3 children)

I am bad at math, but I would love someone to do the math and figure out how many thousands of dollars would have to be on the ground for it to be worth the time of Musk or Bezos or Zuckerberg to pick up.

I mean they'd actually get into a brawl over a penny, but that's a whole other issue.

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[–] Alwaysnownevernotme@lemmy.world 0 points 2 months ago

Axe the rich

[–] SuperSpruce@lemmy.zip -1 points 1 month ago (2 children)

Not the most fair comparison. Compare it to the richest people in 2012, as extreme wealth ebbs and flows with inflated "funny money" stocks.

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[–] Michal@programming.dev -3 points 1 month ago (3 children)

Individual's wealth vs minimum wage is not a great comparison. It's showing accumulated wealth of an individual who will over time receive pay raises and build up their wealth.

Minimum wage is what it says the minimum. It's supposed to be entry level income at the time. It should be adjusted for inflation.

To make it more accurate, it should show income increase for ech of the billionaires, and compare it to an income of some median individuals.

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[–] LibreHans@lemmy.world -4 points 2 months ago

You could take all the money of all billionaires.. that would cover government expenses for about half a year. The state doesn't have a revenue problem, it has a spending problem.

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