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Tax the Billionaires, they'll be fine
(thelemmy.club)
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this post was submitted on 17 May 2026
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Median income in California is around 95k yearly, which means you get your million after 10 years of work
Most people don't live in California.
Most people don't have medical bills or student debts to worry about, so potato potato
What does that have to do with income?
What does spending your money has to do with getting your money? Oh, I don't know how to answer this conundrum.
Me neither when the context was that most people don't earn a million in their lifetime.
The context (actual) was that for some people million is not that big sum of money, and for some it is, and without grounding it to a concrete situation, abstract million doesn't really make sense.
World average income is 10,000$ per year.
https://www.bbc.com/news/magazine-17512040
If we're talking other countries we need to adjust to prices in other countries, ones that don't have student debts and medical bills to worry about. If I get analogue of a million bucks in my currency, I wouldn't have to sweat how much of that I will have to give up because I had bad cold 10 years ago. It's a different world, so it's a different million
Yes, economists do that, we all are aware
Well, in this conversation we aren't. We compare a million dollars in context of the US, and a salary on the other side of the world.
Yes, that's what we're doing. You might not be doing that but then you're replying to the wrong comments.
Did you lost the context already? Come on, we're only like 6 short comments deep at this point, it's not that complicated.
The context of a thread started by someone referring to the global average and you interjected with your united statesian centric perspective?
Are you guys all can't read more than two comments deep?
Edit: same guy actually, but what does it matter