Can we talk about this?
I saw this because FaceBook thinks I should know that a friend of mine commented on it. FB has weird ways, but I'm glad I got to see this video. HOWEVER. A couple other people (not my friends) left the following comments:
This is not really useful without context. For example, someone who makes $200,000 a year can still have $0 in net worth or even be in debt. Anyone who lives paycheck to paycheck will fall under the $0 net worth no matter how well they are living. Age makes a huge difference in net worth in the general population. There are of course outliers. Are elderly people who have saved up for retirement wealthy even though they may not be bringing in more income. Usually they are invested in "safe" investments that bring in little return due to their more vulnerable position due to age.
Someone who is in the top 1% could have made those around him better off by more than that amount (one innovation times millions of people adds up quickly). Of course, others could also use government control to make himself better off to the disadvantage of the rest of the nation sadly I think that is happening more and more as government has more control over our lives. The variables are as vast as the misunderstanding of the information. You really can't draw any conclusions from this video.
And the solution is not redistribution. Take away the top 10% and the bottom 10% and it's not really that bad. I think people need to stop being obsessed over the super-rich. It's not like they're taking it from us unless you're willing to give it to them. Ignore their wealth and focus on providing a healthy and financially stable life for your own family.
Those were from two different people. I want to give a hearty "Fuck You" to the second person.
I can't say I was too surprised by the information, but the visual really helps drive home how messed up it is. What are your thoughts on this, Hivemind?