Hacker News new | ask | show | jobs
by d4mi3n 1099 days ago
There is plenty of money that can be shaken loose, but there is no political will to pursue it.

Bezos himself could personally pay to educate a generation of US citizens. Most of us can’t process the amount of wealth that one individual has, let alone that whole demographic of people.

There’s also a question of what fair taxation even looks like when you have such a small number of people in the US economy controlling the lion’s share of the capitol.

Let’s not fool ourselves into thinking that the capitol isn’t there. It most definitely is.

1 comments

> Bezos himself could personally pay to educate a generation of US citizens.

Let’s assume there’s a little over 3 generations in the US at any given time. Call it 100M people per generation.

Bezos has around $150B.

$150B divided equally across 100M people, there would be $1500 per person for all of their education. I think that’s obviously not enough to cover the education of an entire generation.

> Most of us can’t process the amount of wealth that one individual has

My experience is that many also can’t comprehend just how many people there are out there and how quickly program costs multiply out as a result.

Also, if Bezos tried to sell all his stock at once, the price of the stock would drop so he would never get $150B.
Also, if we dumped $150B into any existing program overnight, it would explode into a wasteful bureaucracy, even more so than it probably already was