>billionaires should end poverty and fix my life

meanwhile 50% of Americans buy lottery tickets and scratchers.

Reminder that billionaires don't have enough money to fix poverty and this can be seen with basic arithmetic

>>60499570 (OP)
Reminder that billionaires extracted the extra money from cancer stricken people because they felt they needed it more.

>>60499570 (OP)
the real injustice is being objectively superior to these nigger cattle but still needing to wage. people in the $150-500k/year income class who have enough money to be comfortable, enough intelligence to be "set apart" from the nigger cattle, yet are still worn down and humiliated by a 40+ hour work week and the constant reminder that $150-500k/year is literally nothing after taxes and reasonable living expenses.

>>60499628

I know it sounds funny but this is the exact earning demographic that gets fucked hardest in America. $100-400k earners. High earning enough that the government loves to tax rape them, but not quite rich enough to tax evade or lobby the state. The upper middle class basically holds this country on its shoulders. Not the top 0.1%, but the top 9.9%.

>>60499650
taxes + turd world outsourcing/insourcing + LLMs + private equity acquisitions. self employed white collar workers are getting absolutely raped by this (doctors, dentists, lawyers, accountants.)

>socialists want to take full control of the means of production
>rather than relying on a system that allocates resources according to necessity as per in the free market
>supposedly a handful of pencil-pushers could allocate resources better and more efficiently than a system designed to do exactly that
>a system that operates with millions of agents and operates independently of human intervention somehow is worse than a group of 100 people making painstakingly crucial decisions that affect the entire wellbeing of a nation
>supposedly, this same concept applies towards people that have managed to create their own fortunes, granting the state full ownership of their wealth towards ''wealth redistribution''
>I am supposed to believe that people completely non-versed in making business decisions should be granted full access to funds they never would have managed to acquire even through several lifetimes
Yes, that makes perfect sense. Anyone who thinks differently is wrong.

>>60499570 (OP)
>>billionaires should end poverty and fix my life
This isn't even remotely possible
Even if you liquidated them all, the average poor wouldn't be any better off.
Do the math retards
PLEASE do the math

>>60499716
>central planning doesn't work meme
max IQ to think this?

>>60499650
Why don't they just take lower paying jobs then?

>>60499722
Most poor people deserve their poverty. They are lazy, stupid, and frivolous spenders. That’s why most lottery winners end up broke.

>>60499724
>what is economic computation problem

>>60499733
I’m sure many people do. But sometimes we need the extra money. I have a family to support so I took a promotion that gives me 100x more stress for only $600 extra a month. It would be more but now I have to pay extra taxes and insurance premiums. If I didn’t have an entire family to support there is no way in hell I would have taken this job.

>>60499736

Especially in rich countries

>>60499733

This is precisely what happens in socialist countries and why everything starts to suffer and decline. The worst thing you could ever do is demotivate your ambitious few. Entrepreneurship, professionalization, specialization, all screech to a halt. Why bother? You get paid as much as janitors. The USSR struggled with this mightily and eventually went bankrupt.

>>60499745
a solved problem in the age of computers. china's state capitalism model engages in central planning and seems to be doing fine. on a smaller scale, literally every "large" corporation engages in central planning (budgeting/forecasting) by means of an FP&A function.

>>60499757

China started succeeding when they rolled back central planning, actually. They had total central planning under Maoist communism, and then decided to privatize large subsets of their economy under Deng and Xi. Now they allow their corporations to operate semi-independently and it's made them far more prosperous and efficient.

Central planning in a strict sense means the state micromanages the industries themselves, there would be no Alibaba it would be ran directly by the CCP. Instead the CCP acts as an overlord of sorts, letting them do their thing and intervening on occasion.

>>60499570 (OP)
Imagine if all those people buying scratch tickets instead bought digital scratch ticket nfts with transparent and more favorable odds all powered by chainlink vrf. That’s the future we’re heading to.

>>60499757
Central planning in China is basically just a baby-crib version of capitalism, they still operate under capitalism, except without any type of democracy or human rights involved. Combine that with the fact that China works under an economy that produces goods in massive volumes, the reason as to why it managed anything resembling success is explicitly due to that, instead of it being any type of model for an ideology that would otherwise have completely ran other countries to the ground completely.

>>60499757
It's literally an unsolved compsci problem on par with p vs np but thanks for outing yourself

>>60499793
>academicfag gibberish nonsense
lots of things are "unsolved" yet useful approximations still exist. welcome to the real world, little nigger.

>>60499765
>letting them do their thing and intervening on occasion.
They actually work similarly to how government subsidies work in capitalist America, except for the fact that whereas in the US there's an implication that the intervention would benefit the business, and as a consequence, the economy of a nation, in China, there is no such expectation. Imagine Keynesianism on steroids, that is essentially what happens in China. If we were to look at just how much money they have thrown away so far based on their centralized visions of businesses that were to be considered profitable in any way whatsoever, we'd be looking at some some pretty huge figures. But of course, actually having access to those figures is never going to happen, and there's just smoke and mirrors involved and we're supposed to believe that the Chinese state is some type of miracle nation that will topple US influence over the global economy because they're just superior, or something like that.

>>60499825
>and we're supposed to believe that the Chinese state is some type of miracle nation that will topple US influence over the global economy because they're just superior, or something like that.
They don't have a parasitic jew infection, that helps

>>60499825
their government subsidized solar panel production which brought down prices to such an extent that muttistan cried anuddah shoah and trump has implemented a 3,521% tax on solar panel imports.

americans continue to be anally raped on solar panel costs, to the extent that it's not uncommon to take out a HELOC or second mortgage or to cope by perpetually leasing the panels. meanwhile the rest of the world pays pennies on the dollar for solar panel equipment.

this is just one example.

>>60499825

I don't like socialism at all, but I have noticed East Asians do it best, because they genuinely have a real sense of ethnonationalism, of the nation as family of sorts, and the state/people coordinate better than others to that effect. Which is why it's modestly successful instead of abject failure like everywhere else. They really are kind of a hivemind.

>>60499825
>>60499840
compare this to america's direct investment in solar with e.g., solyndra.
>$500M federal loan guarantee
>technological/economic changes puts pressure on the business
>business and fed govt refuse to adapt to changing conditions
>company goes bankrupt
>no refunds, taxpayer goy!

>>60499733
because they are demeaning and most of these people live in HCOL places and their mortgage is 5k+

>>60499920
So if they made less money, they'd be getting fucked even harder?

>>60499570 (OP)
>healthcare should be free
>1/2 americans are overweight
>700k americans die from heart disease every year

>>60499946
obesity could be fixed overnight by nationalizing GLP1 drugs. the manufacturing costs are dirt cheap, the $500-1000/month prices are just jewery.

If states ran their own banks instead of lotteries for education funding, that would take care of both the symptom and the disease. The stupid tax makes people dumber.

>>60499975
The Bank of North Dakota (BND) is a state-owned, state-run financial institution based in Bismarck, North Dakota. It is the only government-owned general-service bank in the United States.[2][a] It is the legal depository for all state funds in North Dakota, and uses these deposits to fund development, agriculture, and small businesses.

The bank was established in the early 20th century to promote agriculture, commerce, and industry in the state.[3] It has received praise and media attention in the wake of the 2008 financial crisis,[4] and for their actions during the COVID-19 pandemic.[4][5]

According to available data, the bank has turned a profit every year since its founding.[4][6] The BND has a favorable reputation among North Dakotans.[4] Other states have tried to replicate the BND elsewhere, but have been limited by political gridlock and the power dynamics in banking
>but have been limited by political gridlock and the power dynamics in banking
>and the power dynamics in banking

>>60499959
that's bad for the economy though think of all the poor fast food companies and coca cola

>>60499570 (OP)
Selling hope to the hopeless and desperate is evil. Lotteries are wrong.

>>60499570 (OP)
>normies make retarded financial decisions
>news at 11

>>60499975
Just have a federal bank run by the USPS.

>>60499570 (OP)
I don't see the issue with a lottery ticket like once every 3 months when the cash is massive enough. I mean there's the fraction of a chance your life can change instantly. That's far enough.

>>60500036
By that logic, it's also evil to tell the masses some retarded fallacy that they could be millionaires if Jeff Bezos would just stop hoarding money

>>60500407
Yes, I agree.

>>60499628
>$150-500k/year is literally nothing after taxes and reasonable living expenses.
>reasonable living expenses.
aka you're a soulless consoomer
even $200k would be more than enough for me to never have to work again, mostly because my leisure activities don't involve spending money for the sake of spending money

Jeff Bezos is worth 300 billion. He could literally give 300 million Americans a billion dollars each.

>>60500421
If you make $200k, you would pay $50k/year in taxes. From there, even generously assuming you could put $130k/year directly into savings, it would take you 10 years to reach $1.3 million, which STILL isn't enough to fully insulate you from the untermenschen. Not to mention you'd, at minimum, be in your 30s already, which means you already had to spend the best years of your life (your 20s) among obnoxious normiecattle who always, without fail, find a way to make your life hell.

>>60499605
tf is cancer patient going to with it? They'll be dead soon

>>60500453
I'm not saying if I had a $200k salary. I'm saying if I had $200k in my hands right now then that would be my retirement and I would live more than comfortably on it. But I can tell from your personality that you would find a way to be miserable no matter how much money you had.

>>60500600
do your live with your parents still? $200k is nothing. kek.

>>60499575
The top 1% could in theory distribute enough wealth to fix poverty in the US. If you divide 44.6 trillion USD by 132 million households, that’s $337k per household.

In practice this obviously wouldn’t work since this doesn’t represent actual currency and assets would need to be liquidated in the process which would crash prices, and besides 44.6T is significantly more than the total m1 and m2 money supplies. Plus even if 44.6T was available in hard currency to distribute it would lead to insane amounts of inflation and even the cheapest house prices would reach the millions.

>>60499650
This is true. The main issue with being UMC is that at the end of the day we still trade our time for money in w2 careers, and w2 income is taxed at the highest rates. This is a problem that even someone earning 7 figures has to deal with.

People who get rich off of capital ownership and appreciation, ie the top 0.1 and 0.01%, have much more favorable tax rates and more deductions and loopholes available to them to bring down their taxable income.

If the tax system was actually fair we would have capital gains taxes at 40-50% and personal income taxes at 20% tops, but instead this is inverted.

>>60500653
The op said billionairs, not top 1% so really we are looking at like 5t combined meaning one time payment of 15k per person(usa numbers, it's worse for global)

>>60500600
lol I guess if you live your with parents and never intend to marry or have children, sure maybe you could eek out a sad pathetic existence with $200k.

Poor is a mindset. Broke is a condition.
t. Went from poor to broke to financially independent

>>60500600
200k is not enough. I have a net worth close to 500k and that isn't enough either.

I need about 2 million dollars.

>>60499570 (OP)
poor people need to learn to help themselves. lack of self control leads to obesity and debt. give them more money and the their core problems will still remain.