> not having access to healthcare or food which seems incredibly orthogonal to how much money Jeff Bezos has.
How much food and healthcare do you think Bezos could buy with his extra $180 billion?
How much food and healthcare do you think Bezos could buy with his extra $180 billion?
And to compare these big numbers against proposed spending, Medicare for All could cost $3.4T/year (https://www.theatlantic.com/politics/archive/2019/10/high-co...) and Green New Deal could cost $18T-$93T over a decade (https://www.factcheck.org/2019/03/how-much-will-the-green-ne...). So if we're generous and take the low end, we're looking at around $5T in new spending a year.
All the billionaires in the US combined only have a wealth of $4T (https://news.yahoo.com/wealth-us-billionaires-soars-during-2...). You could take 100% of it away and the Government would spend it all in an instant - after all, look at the state of our deficits and debts (https://usdebtclock.org/). And once all this spending is done, we will have removed the biggest incentive for future entrepreneurs to dream big, take risks, and build. And with government inefficiency, we probably wouldn't have much to show for that spending either, except slightly less envy among the masses who are complaining about inequality despite having great standards of living.