Sunday, February 16, 2020

Relative costs


Some Patriotic Millionaires tweets

https://twitter.com/PatrioticMills/status/1228756612589989891

Feb. 15, 2020

Since 1978, the cost of:

College tuition increased by 1,120%
Medical care increased by 601%
Housing increased by 380%

While pay for:
Average CEO pay increased by 937%
Typical worker increased by 10%
Minimum wage employees increased by 0%

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https://twitter.com/PatrioticMills/status/1216402625500983299

Jan. 12, 2020

One-bedroom apartment:
2009: $998
2019: $1,405

Public college:
2009: $4,740
2019: $9,970

Private college:
2009: $27,520
2019: $34,740

New car:
2009: $28,000
2019: $36,000

Federal minimum wage:
2009: $7.25/hour
2019: $7.25/hour

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https://twitter.com/OxfamEU/status/1227887672250773504

Oxfam EU Feb. 13, 2020

How rich is billionaire rich?

So imagine you saved $10,000 every single day since the building of the pyramids.

Today you'd still only own 20% of the wealth of 1 of the 5 richest billionaires.

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https://twitter.com/RBReich/status/1228014117677518848

Robert Reich Feb. 13, 2020

Jeff Bezos' new $165 million Beverly Hills mansion will have:

— 3 hot houses
— 2 guesthouses
— A nine-hole golf course
— A tennis court
— A "motor court" with gas pumps

Remember when Amazon's Whole Foods cut health benefits for part-time workers to save money?

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