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A Thread ⤵️ Billionaires Living Large Among the Poor
Income Inequality in the US continues to rise. Trump's comment against socialism gets a standing O by almost every politician at the SOTU & we are told we should rely on charity. Let's look at stats where our billionaires live
Income Inequality in the US continues to rise. Trump's comment against socialism gets a standing O by almost every politician at the SOTU & we are told we should rely on charity. Let's look at stats where our billionaires live
Warren Buffet - lives in a modest $652k house in Omaha, NE he bought in 1958 for $31.5K.
Omaha currently has a poverty rate of 14.4% (above the US average of 13.7%) but even worse when looking just at Black poverty which is 31.7% in the city and Hispanics rate which is now 27.6.
Omaha currently has a poverty rate of 14.4% (above the US average of 13.7%) but even worse when looking just at Black poverty which is 31.7% in the city and Hispanics rate which is now 27.6.
Here is the accompanying source for Omaha: omaha.com/news/metro/pov…
Bill Gates & Jeff Bezos both live in the lovely haven of Medina, WA. Bill's house is even called Xanadu 2.0.
Just across Lake Washington sits. Seattle, a city which tours worse homelessness per capita than LA and NYC. In fact, Seattle as a city, King as a county, and WA as a state all fall into the top 10 for homelessness.
Source: seattletimes.com/seattle-news/h…
Source: seattletimes.com/seattle-news/h…
Let's mix it up and look at a GOP donor.
Charles Koch main residence is in Wichita, Kansas.
Charles Koch main residence is in Wichita, Kansas.
Wichita is one of the worst places for poor people to live (ranked 4th worst in America) due to state laws on minimum wages, family leave and Medicaid thresholds. I'm thinking Koch kind of likes it this way though.
Source: kansas.com/news/local/art…
Source: kansas.com/news/local/art…
Katonah, NY is where George Soros resides.
Though Katonah itself is very low on the poverty rate (only 3.08% of its residency lives in poverty), 1 out of 8 New Yorkers suffer food insecurity and in the Bronx, this doubles to 1 in 4 which has increased recently due to cuts in SNAP.
Source: amny.com/news/hunger-ny…
Source: amny.com/news/hunger-ny…
Rely on charity, my ass!
Since I want to pin this thread but still want to keep my current pin up there, since it basically relates to this one, here it is...
