The Mudcat Café TM
Thread #99746   Message #2057040
Posted By: Dickey
20-May-07 - 11:50 AM
Thread Name: BS: Poverty in the USA
Subject: RE: BS: Poverty in the USA
More thinking about redistribution of income in the US.

The median income in the US is around $33,000 per year. If everybody made the same $33,000 amouint, how would the billionairs and millionaires or even the middle class going to live on that? They would have to scale back and dump a lot of their personal property casuing an economic collapse.

Even if it was done over a period of time, property values would plummet and monetary investments would be worthless. Then what would the median income amount to?

I am sure Bobert could live on $33,000 per year.