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Topic	Do you think billionaires should exist?
Damn_Underscore 11/16/19 2:03:15 PM #82:	Ultima Dragon posted... Damn_Underscore posted... If you somehow liquefied the assets of all the billionaires in the US and took all their money, you would get about $2.5 trillion. That is a lot but it wouldn't even pay for the federal budget for one year. Source (I used the averages for the ones that aren't specific): https://en.wikipedia.org/wiki/List_of_Americans_by_net_worth https://www.reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722 I think that includes all rich people in the world. Even then it wouldn't be enough to pay for Elizabeth Warren's Medicare for All plan. The point is rich people have a lot of money obviously but taking away their ability to make more money (to the point where you ask "should billionaires exist") is not conducive to having a rich nation. --- Shenmue II = best game of all time Shenmue = 2nd best game of all time <cite>Damn_Underscore posted [p:930225006] in Do you thi... [t:78165549]...</cite> <quote>Ultima Dragon posted...</cite> <quote>Damn_Underscore posted...</cite> <quote>If you somehow liquefied the assets of all the billionaires in the US and took all their money, you would get about $2.5 trillion. That is a lot but it wouldn't even pay for the federal budget for one year. Source (I used the averages for the ones that aren't specific): https://en.wikipedia.org/wiki/List_of_Americans_by_net_worth</quote> https://www.reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722</quote> I think that includes all rich people in the world. Even then it wouldn't be enough to pay for Elizabeth Warren's Medicare for All plan. The point is rich people have a lot of money obviously but taking away their ability to make more money (to the point where you ask "should billionaires exist") is not conducive to having a rich nation. --- Shenmue II = best game of all time Shenmue = 2nd best game of all time</quote> ... Copied to Clipboard!
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