Is it glorified? We have people will literally billions of dollars. That money came from somewhere. If wages kept up with production, 6 figures salaries would be the norm here.
Yea man, just because I own a couple $500 million dollar yachts and houses doesn't mean I have anywhere close to a billion dollars! What logic. Tell it to the Sackler family who was required to pay over $5 billion in restitution for the opioid epidemic, which was less than the interest on their equity. They somehow paid it over the years! Must've been in ghost money! Billionaires don't actually have the money they took from the surplus profits of labor! They just pay for things with billions with mythical leverage!
Oh, so having a billion dollars in assets means you don't have any money and you aren't a billionaire? Ok, right. We can measure wealth through assets, but let's keep acting like the income of these people wasn't high enough to afford billions in assets which is safer to have over cash. Let's pretend there isn't billions in the stock market so we can keep playing this dumb game you're trying to play to justify why people don't deserve a living wage while they make enough money that someone can have billions in assets! But it's not cash so workers don't deserve to live.
Your original argument was senseless, now you're just doubling down. Yea dude, billionaires don't have a vault on site with billions in it, we all know that, it doesn't mean they don't have enough in assets to leverage that money if they needed to, or didn't already leverage that money when they obtained those assets. You're arguing that my multiplication sign looks like a plus sign despite the total equalling the same.
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u/AfraidCraft9302 8d ago
Love this story. Good stuff!!
Just a glorified bagger and stocker here for 23 years, made 145k last year.
What a world