this post was submitted on 03 Nov 2025
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Chapotraphouse

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[–] infuziSporg@hexbear.net 25 points 4 months ago

$698B is almost 2% of America's GDP. Not the federal budget, the entire GDP.

It's also close to the annual discretionary spending on the military.

[–] FnordPrefect@hexbear.net 21 points 4 months ago* (last edited 4 months ago) (1 children)

What is even the point in doing this? Like:

clueless "I want to buy the most ludicrous, ostentatious watch to show off my wealth"

As far as I can tell that's this fuckin' thing that looks like it came out of gachapon machine
Ok, that's $60 million, go buy 1,000 of them and enjoy your sparkling realization of how utterly unfulfilled you are

[–] invalidusernamelol@hexbear.net 18 points 4 months ago* (last edited 4 months ago) (1 children)

*11,633

Off by a factor of 10 still

Top 10 billionaires make as much as 11 million median wage ($60k/yr) workers.

[–] FnordPrefect@hexbear.net 17 points 4 months ago (1 children)

Ah, I was thinking per billionaire, but thanks for doing the actual math as well as providing the much more relevant data to fume about doggirl-thumbsup

[–] invalidusernamelol@hexbear.net 5 points 4 months ago

Oohhhh that makes sense

[–] TheWolfOfSouthEnd@lemmygrad.ml 20 points 4 months ago

What’s wild is there are people defending this. Not just in the USA either.

[–] godlessworm@hexbear.net 19 points 4 months ago

their wealth GREW in one year alone enough to feed all those hungry people for life

somehow we are supposed to believe thats not violence or theft

[–] GenderIsOpSec@hexbear.net 18 points 4 months ago

ah we truly are redoing the roaring twenties desolate

[–] theuniqueone@lemmy.dbzer0.com 13 points 4 months ago

Bow to the job creators the prophets of the holy market. /s

[–] LeninWeave@hexbear.net 9 points 4 months ago

No money left for food; all money spent on bombs.

[–] spacecadet@hexbear.net 9 points 4 months ago
[–] miz@hexbear.net 4 points 4 months ago