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Total U.S. Household Wealth

Total U.S. Household Wealth

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by: WskyTngoFxtrt Active Indicator LED Icon 10 OP 
~ 10 years ago   Mar 6, '14 12:48pm  
Total U.S. Household Wealth reached a new high to $80.66 trillion last year due to increases in savings, stocks, houses, etc. So if the national debt is at $17.5 trillion, all everyone would have to do is forfeit 22% of their assests and the deficit would be paid off! Who's going to start? I came up with the idea so I'm exempt! 4951
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Retired_Engineer Active Indicator LED Icon 13
~ 10 years ago   Mar 6, '14 12:50pm  
I will BUT I want line-item veto or full authority to change the budget as I see fit. 4951
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ctl74 Active Indicator LED Icon 10
~ 10 years ago   Mar 6, '14 12:58pm  
Yeah, I'll get right on that. In fact, here's my bank account number.... 4951
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BooBear Active Indicator LED Icon 16
~ 10 years ago   Mar 6, '14 1:07pm  
But if we do can we never owe again and just opt out? 4951
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WskyTngoFxtrt Active Indicator LED Icon 10 OP 
~ 10 years ago   Mar 6, '14 1:08pm  
But if we do can we never owe again and just opt out?
 
@BooBear: Troublemakers have to pay double.
4951
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BooBear Active Indicator LED Icon 16
~ 10 years ago   Mar 6, '14 1:09pm  

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>> But if we do can we never owe again and just opt out?
 
@BooBear: Troublemakers have to pay double.
 
@WskyTngoFxtrt:
Hell, they are getting it all anywayEmoticon
4951
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WskyTngoFxtrt Active Indicator LED Icon 10 OP 
~ 10 years ago   Mar 6, '14 1:10pm  

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>> But if we do can we never owe again and just opt out?
 
@BooBear: Troublemakers have to pay double.
 
@WskyTngoFxtrt:
Hell, they are getting it all anywayEmoticon
 
@BooBear: Actually, I think I got your money. Thank you.
4951
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BooBear Active Indicator LED Icon 16
~ 10 years ago   Mar 6, '14 1:11pm  

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>> But if we do can we never owe again and just opt out?
 
@BooBear: Troublemakers have to pay double.
 
@WskyTngoFxtrt:
Hell, they are getting it all anywayEmoticon
 
@BooBear: Actually, I think I got your money. Thank you.
 
@WskyTngoFxtrt: bite me.
 
4951
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WskyTngoFxtrt Active Indicator LED Icon 10 OP 
~ 10 years ago   Mar 6, '14 1:13pm  

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>> But if we do can we never owe again and just opt out?
 
@BooBear: Troublemakers have to pay double.
 
@WskyTngoFxtrt:
Hell, they are getting it all anywayEmoticon
 
@BooBear: Actually, I think I got your money. Thank you.
 
@WskyTngoFxtrt: bite me.
 
 
@BooBear: You'd enjoy it too much.
4951
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calliecat Active Indicator LED Icon 10
~ 10 years ago   Mar 6, '14 1:14pm  
My check is in the mail.  I do not want to feel entitled! 4951
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elguapo Active Indicator LED Icon 15
~ 10 years ago   Mar 6, '14 2:17pm  
Yeah, I'll get right on that. In fact, here's my bank account number....
 
@ctl74: I don't see your bank account number....????
Here, Use mine...  62262-40-328-7448 4951
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KingwoodDotCom Active Indicator LED Icon 18 Site Admin
~ 10 years ago   Mar 6, '14 3:42pm  
Rich people skew the numbers dramatically...if household wealth is $80.66 trillion, then that means each family *on average* is worth $800,000+ each...that's way out of whack. 4951
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WskyTngoFxtrt Active Indicator LED Icon 10 OP 
~ 10 years ago   Mar 6, '14 3:52pm  
Rich people skew the numbers dramatically...if household wealth is $80.66 trillion, then that means each family *on average* is worth $800,000+ each...that's way out of whack.
 
@KingwoodDotCom: True. That's why I proposed a percentage. If you're worth $8,000,000, then your 22% would be $1,760,000. If you're worth $100,000, then your share owed would be $22,000. The more you're worth, the more you contribute. Think of it as a one-time tax. I just brought this topic up to show in perspective how much the debt really is, I'm not really advocating that we give the guvmint an extra dime!
4951
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BooBear Active Indicator LED Icon 16
~ 10 years ago   Mar 6, '14 4:07pm  
Define a household? 4951
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WskyTngoFxtrt Active Indicator LED Icon 10 OP 
~ 10 years ago   Mar 6, '14 4:17pm  
Define a household?
 
@BooBear: Household:n. nounA domestic unit consisting of the members of a family who live together along with nonrelatives such as servants.The living spaces and possessions belonging to such a unit.A person or group of people occupying a single dwelling.
4951
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mm4731 Active Indicator LED Icon 13
~ 10 years ago   Mar 6, '14 4:20pm  
[ Removed By Request. ] 4951
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