this post was submitted on 24 Dec 2024
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Enough Musk Spam
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It costs more than he has, so yes, it does matter. Even the bogus $20b figure was an ANNUAL figure, not one-time.
You have no sense of perspective of the monumental costs of solving problems like these. It is far beyond the means of even the wealthiest individual on the planet.
Did you know the US spends over $1 trillion (with a T) every year on welfare programs? And that's without 'solving' anything, just trying to treat symptoms.
Get a clue.
When they say that, the word "welfare" does not mean cash assistance to individuals based on means-tested criteria, it means "public welfare programs." In fact, 80% of that "$1 T" is Medicaid. https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/state-and-local-backgrounders/public-welfare-expenditures
Don't muddy his strong opinion with facts, please.
Being poor demands paying interest, who would have thought. According to the report to congress, 3.6% of citizens receive more than half of their income through welfare. The US has about 340 million citizens, so that's about 12.5million. If you distributed 200bn of Musk's wealth among them, that'd be 16k for each one. Pretty sure that would save more money than blowing trillions each year.