Jeff Bezos's $150 Billion Fortune is a Policy Failure (user search)
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  Jeff Bezos's $150 Billion Fortune is a Policy Failure (search mode)
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Author Topic: Jeff Bezos's $150 Billion Fortune is a Policy Failure  (Read 3160 times)
I spent the winter writing songs about getting better
BRTD
Atlas Prophet
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Posts: 113,509
Ukraine


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« on: August 27, 2018, 07:49:18 AM »

Net worth is for the most part a meaningless measure.

Imagine a doctor walking to their hospital to start their shift. The doctor just finally finished their residency and was hired on and offered a $200k salary. They still have six figures of med school debt, credit card debt from then not paid off, and haven't moved out of their mediocre studio apartment yet though they intend to buy a house in the net two years. On the way they encounter a homeless person, and throw a $10 bill in the homeless person's begging box.

That homeless person now has more net worth than the doctor. And about 40% of American households.
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