Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Stare Decisis

(229 posts)
Wed Apr 3, 2019, 10:09 PM Apr 2019

One Stat Tells You About Income Inequality

If Medicare were a mortgage Jeff Bezos could make a twenty-five percent down payment on the entire nation's yearly expenditure and still be left with about $20 billion.

[link:https://wealthygorilla.com/jeff-bezos-net-worth/|As of 2019, Jeff Bezos’ net worth is roughly $170 billion.
]

In FY 2018, the Medicare program cost $583 billion, about 14 percent of total federal government spending. After Social Security, Medicare was the second largest program in the federal budget last year.


Jeff Bezos has a net worth equal to FIVE percent of TOTAL Federal Government spending.

How long does democracy last under this paradigm?
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
One Stat Tells You About Income Inequality (Original Post) Stare Decisis Apr 2019 OP
During the turn of the century/Gilded Era BigmanPigman Apr 2019 #1
One Stat Tells You About Income Inequality babeblake1 Mar 2020 #2

BigmanPigman

(51,835 posts)
1. During the turn of the century/Gilded Era
Wed Apr 3, 2019, 10:34 PM
Apr 2019

the super rich monopolies/trusts loaned the Fed Govt money when they needed it. Then along came Teddy the trust buster.

babeblake1

(1 post)
2. One Stat Tells You About Income Inequality
Mon Mar 9, 2020, 08:55 AM
Mar 2020

If someone can reply .. i also want to know about the details about your questions "How long does democracy last under this paradigm?".. although your point seems to be really informative for me.

Conor Mcgregor Net Worth

tom cruise net worth

Latest Discussions»General Discussion»One Stat Tells You About ...