Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What if we redistributed wealth in the US evenly?
#1
Not that I would advocate doing this (as it destroys the tenet of meritocracy)...

I've done a quick check...it appears that the US net worth is about $86.8 trillion
https://en.wikipedia.org/wiki/Wealth_in_...ted_States

The national debt is $19.8 trillion
http://www.usgovernmentdebt.us

The net between the two is $67 trillion.


There are 325 million americans.
https://en.wikipedia.org/wiki/Demography...ted_States
If we divide all wealth evenly (regardless of age): $206,000


There are 124 million households.
https://www.statista.com/statistics/1836...in-the-us/
If we divide all wealth equally amongst households: $540,000


Of course, the term household assumes that you file a tax return (I believe)...but that's not bad. When I was a child, I was told that if we divided all wealth equally, everyone would 'own' about $30,000. Maybe things have changed since the 1970's?

Just any interesting exercise...
Reply
#2
Also assumes "net worth" is fungible. It's not.
Reply
#3
Might need to adjust the giveaway for age. $540k isn't enough for most households to be able to retire on and if you give $540,000 to a young family the interest will make them immensely wealthy when they get to retirement age.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)