GenSeneca
Well-Known Member
Everyone has thier own opinion about the redistribution of wealth but I wanted to put together some actual numbers and offer a hypothetical scenario to see what everyone would come up with.
First, we need to start with what our government owes in debt. Our national debt at the time of this post is just under 14 trillion dollars.
Second, we need to figure out how much wealth we have to redistribute. The best information I can find suggests there is about 55 trillion in total wealth.
Third, we subtract the debt from our wealth, that leaves us with 41 trillion.
Fourth, we look at the total population of the US which is currently listed as being about 310 million.
Math time...
41 trillion divided by 310 million is roughly $132,250 for every man, woman and child in the country. That doesn't factor in an administrative cut for the government to enact such a program but we'll overlook that and pretend that all the wealth would just magically redistribute itself among the population.
So there it is... Every single person in America now has $132,250.
What would happen?
First, we need to start with what our government owes in debt. Our national debt at the time of this post is just under 14 trillion dollars.
Second, we need to figure out how much wealth we have to redistribute. The best information I can find suggests there is about 55 trillion in total wealth.
Third, we subtract the debt from our wealth, that leaves us with 41 trillion.
Fourth, we look at the total population of the US which is currently listed as being about 310 million.
Math time...
41 trillion divided by 310 million is roughly $132,250 for every man, woman and child in the country. That doesn't factor in an administrative cut for the government to enact such a program but we'll overlook that and pretend that all the wealth would just magically redistribute itself among the population.
So there it is... Every single person in America now has $132,250.
What would happen?