What if all the vast wealth suddenly got distributed evenly among everyone?
- Thread starter Ghee Buttersnaps
- Start date
The people who are rich now would end up rich 6 months after the wealth was distributed. Everyone who is poor now would have a bunch of stuff they don't need and very little cash. With rare exception.
So apparently you're OK with taking other people's money but not so much with sharing your own,.. interesting.
The topic was a hypothetical. You are bringing your own "want to be" bias' into it. Act like a man, not a child.
Just an FYI; when you ride around on your motorcycle with your music blaring super loud, you are twice as annoying as the other people riding their motorcycles and everybody you see hates you.
Very simple. Smart, sometimes thuggish, and in some cases devious people would find ways to have stupider, meek, and more naiive people give them their share of said redistributed wealth. This is not actually that hard.
What if that wealth was sustained and not a one time cash influx, e.g., everyone adult America now gets $500k equally? ...or something tiered:
18-28 = $150k per year
29-38 = $200k per year
...and so on.
How would that screw us?
18-28 = $150k per year
29-38 = $200k per year
...and so on.
How would that screw us?
Who would work if they were paid to do nothing? Where is the money coming from?
Lazy people will be lazy. When they blow through that money you don’t think we would be back in a welfare state supporting the same people and probably more. It could be the dumbest thing anyone could think was a good idea.
Gotta love all the idiots in this thread who think poor people are so much dumber then rich people.
In a few years the less astute would spend the last of their windfall and you’d see more or less the same distribution of wealth.
‘Cause that’s what happened to all the people who took advantage of FHA loans and the GI Bill to become wealthy. They squandered it all before their kids had the chance to benefit. Brilliant stuff. Really.
Maybe you misunderstood the scenario.
You can sell Tesla stock gifted to you in this scheme and buy some sweet rims, harder to do that with the GI Bill or an FHA loan.
Lots of people will change their opinion on the question in the OP.
They're already running away from the grunt work jobs without the free money............
Assuming that the requirement that you work full time for that money that is what would cause more problems with having "garbage men" There would have to be some other incentive for people to take the undesirable jobs. Possibly more vacation time or some other benefit.
It would be interesting if everyone was paid the same it would I think oddly reverse how jobs are looked at. The jobs that just every day sucked to be such as hard or dirty manual labor at would probably have to offer the most vacation time.
You would also find it pretty much impossible to get people to work more than 40 hours a week too.
On the plus side a lot of people would exit the workforce and just let their spouse care for the family.
Maybe but I don't think that is a very large number of people. Maybe I'm wrong but I just don't think a lot of people are going to get 400,000 and think that is going to last them the rest of their lives. Especially when they would have to buy a home with that.
Now if we took the best case senario and say a married couple and we gave it only to adults so it would be like 600,000. So the married couple combined would get 1.2 million. They could theoretically get a house, some not very expensive vehicles and live on the interest from the remainder for the rest of their life without paid employment. That's if all prices remained the same and they were financially disciplined.
What if? That's the goal of you dirty marxists everywhere! Do you really think anyone is going work their ass off for their just rewards while jo dishwasher who sits on HROT night and same receives the same?
Interesting the person posting on HROT complains about lazy people posing on HROT.
And hence; they have no money....because all they are capable of is daydreaming about having someone else's money.
Quite the contrary. There's no reason to believe there wouldn't be a relatively random distribution of intelligence among economic levels, but that won't stop the smart/thuggish/devious ones from taking from the stupid/meek/naiive ones, and we'll be right back to an unequally distributed economic pie before you can say unequally distributed economic pie.
Less, I'd say 3-5 years tops.
The current poors don't have the understanding of saving, investing, smart money management and 90% of them would blow their gains quickly.
Skilled but low educated lower middle class would likely settle in where they've always known as well.
Middle class workers without the motivation, skills or knowledge of how to do more would settle back in to their 9-5 roles and pay relatively quickly.
Upper middle class folks who grinded their way to where they are now would most negatively affected by a reset.
People who've been entrepreneurs and business owners would know what it takes and likely have no trouble doing it again assuming they had to start over.
The elites would have a scheme to hide their wealth like they always have so this wouldnt effect them anyway
.Explain? I was born to/with nothing. The only thing that motivated me was rising beyond. Take that incentive away, and I'd be jo dishwasher today.
The problem is that there is too large of a percent of people who simply dont know how to do money math. They dont know how much is enough to quit their job, save for retirement, save for basic life needs, save for property tax/rent, save for taxes, save for health care, save for long term care...the list goes on and on. America isnt savers. Too many people would quit working without enough money and have no clue to budget what they have. You would have a massive problem with a exodus from the workforce (like with COVID) and then a huge problem a few years later when the money is gone, society has adapted to go on without them and they have nowhere to turn.
Isnt the premise of the OP that you give everyone money that they dont deserve to being with? you are not wrong, but in this context, you are taking money from people and giving it to others that it doesnt belong to.
