Play Ball!

© 2018 Steve Feinstein. All rights reserved.

Here’s a thought and I’d love to hear some responses.

There are about 120,000,000 households in the US. That’s about 2.75 people per household, since the total US population is around 330,000,000 people.

Now, the poverty rate is around 15% or roughly 50,000,000 people living in poverty. I realize that poverty is a relative term, whose meaning changes over time and in comparison to other countries. There is a huge difference between living between “poverty” here and living in poverty in one of the poorest countries in Africa. The meaning and nature of “poverty” can also be said to be quite different in the 1930’s to what it is today.

Nonetheless, let’s not get bogged down in those semantic particulars. Let’s just agree that “poverty” means whatever you understand it to be.

Liberal Democrats are always carping about so-called income inequality, the gap between what the richest and poorest make, or the difference between a CEO’s compensation and that of their average employee. In reality, it’s a non-issue since one person’s income is pretty much totally independent of another’s. Your neighbor’s financial fortunes do not affect yours. If they suddenly hit Powerball, the income inequality between the two of you has abruptly skyrocketed to astronomical proportions, yet, for you, nothing has changed. Your financial ability to provide for your family and pay your bills is totally unaffected by whether your neighbor’s income is equal to yours or 1000 times greater than yours. The economic concept of “income inequality” is a hoax, a straw man, vaporware. It’s merely a liberal pretext to justify higher taxes on the wealthy and create evermore income redistribution policies to buy voting support.

However…what if there was a solution to poverty? Immediate, total, complete, permanent? There is.

Jeff Bezos Bill Gates, Tim Cook, Warren Buffet. They own Amazon and the Washington Post, Microsoft, Apple and Berkshire Hathaway. They have lots of dough—combined, over 500 billion dollars. Bezos’ personal fortune alone is estimated to grow by 2.8 billion dollars/day, an amount normal people can’t actually comprehend.

They could combine to give everyone in the country a few thousand bucks. and they wouldn’t even notice. $76 billion (that’s four thousand bucks to every person in America, young, old, black, white, brown, chartreuse, any/all genders, etc.), to them is ppfffftttt, nothing. That’s 76 billion. They’ve got 500. In a month, they’ll have 75 billion more. In two months, 150 billion more.

In English: It’d be like giving away 76 dollars if you had 500 bucks in your pocket. It’d be like buying dinner for yourself and a friend.

Tomorrow. They could do this tomorrow. They’re generous, caring, feeling, compassionate, concerned, green, altruistic, liberal icons. So they should, right?

Let’s look at households—120 million. 15% are in poverty, so that’s 18 million households living in poverty. How much debt are they in? Let’s look at that realistically. What will it take to get them out of debt, pay off their bills? One thousand each? 5 thou? 10 grand for each household to get the lights back on, buy some decent clothes, fix the ’02 Olds, send Jr. to community college? Just enough to get them out of poverty. Let’s say an average of 10 grand for 18 million households.

That’s 180 billion. They have 500 billion now. In two months, they’ll have 650 billion. Two months after that, they’ll have 800 billion. They can easily afford the 180 and still fly first-class to Marseille for vacation.

The interesting thing is why no Democrat/liberal politicians have called for this. The Dems seem to favor wealth re-distribution to directly help the impoverished. Here is income-redistribution to the nth degree, exactly like the Dems like it. It’s perfect. (I have a sneaking suspicion that Dem politicians only resent Republican fortunes, like those infamous brothers they’re always complaining about. It seems as if Democratic/liberal fortunes get a pass.)

Nonetheless, the Big Four—liberal or not—could make their donation directly to the Treasury, who has all the data, names and addresses of each family living below the poverty line. The Four could make a wire transfer tomorrow. Checks could go out in two weeks. Poverty would be over by the beginning of the baseball season.

Play ball!

 

 

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