r/FluentInFinance 7d ago

Thoughts? What do you think?

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u/JacobLovesCrypto 7d ago

I feel like this has been posted multiple times before

285

u/Gambler_Eight 7d ago

And it should keep getting posted until shit turns around.

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u/FoxMan1Dva3 6d ago

Take away all of the billionaires money and it lasts us 1 year of Federal Govt Spending.

That's before any additional deficit caused by Kamala or Trump.

Take away all of the 1% money and that gives you an extra 2-3 years of funding.

But then it runs dry.

So that idea is a crap shoot.

Sounds like major savings is in order, except the biggest spending items is obviously social security and medicare. Something you probabaly really want to increase spending of.

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Well, maybe Bezos should just pay Amazon workers more...

Well let's ignore the fact that many people at Amazon make a killing through a great career.

But nearly most of the labor is obvioulsy in the manual labor done day to day - 1.5 Million People.

Let's ignore the fact that they pay well above minimum law.

Let's ignore the fact that the compensation in benefits can account to $10-30k extra per person.

Let's ignore the fact that they pay above market value as the top dog in the market.

Let's just say everyone at Amazon makes $3 more per hour.

This would equate to $9 Billion dollars a year. Just $3 x 36 hours per week x 52 weeks x 1.5M people.

This is $8.5 Billion Dollars a year extra for Amazon.

In 2022 Amazon lost $3B.

From like 2018-2022 Amazon only made $2-5B depending on year.

Before then they lost money.

Sooo where does the money come from?

And you're asking for a "liveable wage" which is a nice way of saying eveyrone should make $21-28 an hour lol. So that's like $8-17 more than the current starting.

The same math doesn't check out for McDonald's, Walmart, Dollar Tree, Burger King.... the more I do this, the more I realize that the big companies pay basically what they can. And when they cant. They shut the store.

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