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No millions in there. Just $478 per person.
At 41%, (314m*0.41), that's 129m people... so 150b/129m = $1165 average
At 28%, (314m*0.28), that's 88m people... so 150b/129m = $1467 average
It's not too hard to believe that there are several million people with a NET WORTH in the $1000 range. If you consider that many young people who are paying off a house have a negative net worth (even if they are in the middle or upper-middle class), then it seems very plausible.
There's no Walmart near me, and I can't remember if I've even been in one in the past decade, so I won't comment on that part of things. I do know that 9 times out of ten, when I've sat down and shared a meal or cup of coffee with someone I would describe as "needy" in the financial arena, there's a story more complex than I could have guessed, and it doesn't usually start with, "I lost my fortune when I chose to..."
~Peter
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Posts in this Thread:
- OT: Just when you think society can sink no lower....., MI-Roger , Mon, 2 Dec 2013 15:27:59
- Different perspective, DE , Tue, 3 Dec 2013 15:58:37
- the #1 employer of Veterans and anti-union = thumbs up, tarheel, Tue, 3 Dec 2013 12:26:33
- Unions strenghten America. Read "The Jungle" you biggot, Used to be Chaz, Sat, 7 Dec 2013 07:44:19
- Walton - family worth = 41% of american family worth, dtechakacheaptech, Tue, 3 Dec 2013 14:16:23
- What a reward for vatrens,a job at walmart ! where do I sign up ?, blippys99ems, Tue, 3 Dec 2013 13:02:01
- This threads ready to blow like a powder keg...politics, GFW3pedals , Tue, 3 Dec 2013 12:53:07
- Re: OT: Just when you think society can sink no lower....., Dean, Tue, 3 Dec 2013 09:31:37
- Got asked if I work there this weekend., B Millar , Tue, 3 Dec 2013 08:29:23
- Re: OT: Just when you think society can sink no lower....., EGD , Tue, 3 Dec 2013 07:47:03
- Snobnet ?, dtechakacheaptech, Tue, 3 Dec 2013 07:17:24
- It's a short drop from the penthouse to the outhouse, AeroBaon, Tue, 3 Dec 2013 06:03:23
- Re: OT: Just when you think society can sink no lower....., Tom G , Mon, 2 Dec 2013 22:06:21
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