
Three Problems: 50 Billionaires = 165 Million Poor People! Nobody is Watching Sports!! The Earth is Surrounded by Space Junk!!!
Saber Chaib
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<p>The Best Paragraph I've Read:</p> <p>The 50 richest Americans now hold almost as much wealth as half of the U.S., as Covid-19 transforms the economy in ways that have disproportionately rewarded a small class of billionaires.</p> <p>New data from the U.S. Federal Reserve, a <u>comprehensive look</u> at U.S. wealth through the first half of 2020, show stark disparities by race, age and class. While the top 1% of Americans have a combined net worth of $34.2 trillion, the poorest 50% — about 165 million people — hold just $2.08 trillion, or 1.9% of all household wealth.</p> <p>The 50 richest people in the country, meanwhile, are worth almost $2 trillion, according to the Bloomberg Billionaires Index, up $339 billion from the beginning of 2020.</p> <p><br></p> <p>This paragraph comes from Bloomberg. The article is titled: "Top 50 Richest Americans Are Worth As Much As the Poorest 165 Million." The article is written by Ben Steverman and Alexandre Tanzi.</p> <p><a href="https://www.bloomberg.com/news/articles/2020-10-08/top-50-richest-people-in-the-us-are-worth-as-much-as-poorest-165-million">https://www.bloomberg.com/news/articles/2020-10-08/top-50-richest-people-in-the-us-are-worth-as-much-as-poorest-165-million</a></p> <p>Zac and Don discuss income inequality, potential solutions, and wonder if the issue is more of a common theme in American history than we want to believe.</p> <p><br></p> <p>Another Best Paragraph I've Read:</p> <ul> <li>US Open (golf) final round: down 56%</li> <li>US Open (tennis) was down 45% and the French open is down 57% so far</li> <li>Kentucky Derby: down 43%</li> <li>Indy 500: down 32%</li> <li>Through four weeks, NFL viewership is down approximately 10%</li> <li>NHL Playoffs were down 39% (Pre Stanley Cup playoffs was down 28% while the Stanley Cup was down 61%).</li> <li>NBA finals are down 45% (so far). Conference finals were down 35%, while the first round was 27% down. To match the viewership, activity on the NBA reddit fan community is also down 45% from t
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Three Problems: 50 Billionaires = 165 Million Poor People! Nobody is Watching Sports!! The Earth is Surrounded by Space Junk!!!
Saber Chaib