The ‘Million Dollars Per
Person’ Affair Is Telling
National Review,
by
Charles C. W. Cooke
Original Article
Posted By: Pluperfect,
3/7/2020 4:52:06 AM
Herewith, a good example of why the Democratic Party is stuck in its current mode.
“Mike Bloomberg spent enough on his campaign to give every American $1 million.” @BWilliams on @11thHour @MSNBC pic.twitter.com/iBsWvqEIHf
— Bad Econ Takes (@BadEconTakes) March 6, 2020
Obviously, the math here is spectacularly off. If Michael Bloomberg had divided the money he spent on his presidential run evenly among Americans, we would each have got $1.53, not $1 million. For Bloomberg to give $1 million to each American, he would have to be worth $327 trillion (in cash), which, for context,
Reply 1 - Posted by:
4Justice 3/7/2020 5:10:55 AM (No. 339135)
How about dividing all the money he and Steyer wasted on campaigns among all those whose annual income is less than $30,000? 😁
20 people like this.
Reply 2 - Posted by:
chase9365 3/7/2020 5:17:16 AM (No. 339140)
Did the math in my head while driving with two grandkids in the backseat poking each other and came up with about a buck fifty. I am halfway to age 70 and have not attended college. Learned that math in grammer school.
60 people like this.
Reply 3 - Posted by:
WhamDBambam 3/7/2020 6:19:11 AM (No. 339155)
How about dividing all the money he and Steyer wasted on campaigns among all those TAXPAYERS whose annual income is less than $30,000?
22 people like this.
Reply 4 - Posted by:
jeffkinnh 3/7/2020 6:27:20 AM (No. 339159)
There is a reason that coveting things that are not yours is proscribed in the Ten Commandments; it is not only offensive to God but destructive to people as well. The seed of Socialism is to covet other's possessions. This is founded in the idea that they obtained them unfairly or illegally and therefore have no moral right to them. This is mostly untrue and therefore the whole distribution of wealth that Socialism is built on is a lie. This lie is needed because if a person justly earns his money, taking it from them would be stealing. So the first tenet of Socialism is that those who have money are not deserving of it. Now the evil of coveting your neighbor's goods is magically transformed to justly seeking a rebalancing to right the wrongs they committed in getting their wealth. I doubt the Lord is fools by such sophistry.
No one person can earn enough to support everyone else. Nor can a fairly large group do so. Further, wealth is the fertilizer from which tomorrow's accomplishments are nourished. Wealth taxes steal the fertilizer and wither future harvests, depriving all. So the ends of Socialism, wealth for all, is a lie as well.
In addition, concentrated wealth can accomplish great public things. Many libraries, museums, gardens, etc. that educate, entertain, and amaze have their foundations in private wealth. It is very doubtful that government or a collection of individuals could have built such things so broadly.
I can almost understand the spot mangling of the numbers and it's pretty well established that television reporters aren't the brightest bulbs. What is reprehensible is that media at large ignores the fallacies of Socialism that demands it will ALWAYS fail. They can't all be that stupid. The one thing that Socialism does accomplish is the concentration of power. THIS is what is truly sought and the media is willing to burn everything else down to achieve it.
78 people like this.
Reply 5 - Posted by:
chiller 3/7/2020 6:42:57 AM (No. 339167)
While this degree of stupidity could very well run throughout the whole of MSNBC, I doubt all the behind-the-scenes peeps there are so vapid.
If Williams is the oh-so-clever, smarter-than-anyone person that he thinks he is, I'll bet his 11th Hour crew set him up for the fall. These type of star anchors like to call all the shots, so they let him shoot himself.
He's such a pompous ass who's proven repeatedly he lives and reports fantasy that he was knocked him off his perch at Nightly News. Tom Brokaw he wasn't. He can't be happy on the graveyard shift and probably lets the staff know it. I'd pay to be a fly on the wall after this episode.
Author thinks this aired because libs want to show gross imbalance of riches, but the guest said the underlying issue was money in politics. (which has proven to be another false flag evidenced by DJT in '16, and Steyer and Bloomey in '20)
29 people like this.
Reply 6 - Posted by:
F15 Gork 3/7/2020 7:02:41 AM (No. 339183)
MSM’s finest hour.....
24 people like this.
Reply 7 - Posted by:
bobmadison 3/7/2020 7:24:16 AM (No. 339207)
As a recovering local news anchor, I always read the copy/script at LEAST 3 times before the newscast. When he was at NBC, I smelled his arrogance and snobbishness a mile away. The Bible says we reap what we sow. Man, is that ever true in life.
48 people like this.
Reply 8 - Posted by:
franq 3/7/2020 7:33:43 AM (No. 339220)
Thank you, Lord. MSM addled brains on full display. Lyin' Williams, you da bomb!
19 people like this.
Reply 9 - Posted by:
ARKfamily 3/7/2020 7:35:22 AM (No. 339221)
I agree with the sentiment that the money could have been spent somewhere else. That applies to both men but the heartburn I felt with Michael Bloomberg is the reasoning for his campaign. He was campaigning to take out Donald Trump. Yes, I know Donald Trump makes mistakes. We all do. He is someone that no longer wants to kick the can down the road. Seems like wage earners and taxpayers have had to put up with that from politicians. We have a President who wants to make America great again. Why does Michael Bloomberg want to take out President Trump? His money could have accomplished some of those things. I think it comes down to power and greed. From the sounds of it, Michael Bloomberg, along with Democrats, doesn't have the power and will do everything possible to get it back. Truly sad.
25 people like this.
Reply 10 - Posted by:
planetgeo 3/7/2020 8:06:06 AM (No. 339251)
This perfectly illustrates "Planetgeo's Axiom": Liberals are born without the Math gene.
Sad. Expensive too (for the rest of us).
19 people like this.
Reply 11 - Posted by:
bpl40 3/7/2020 8:20:19 AM (No. 339268)
PDT is blessed with his enemies!
20 people like this.
Reply 12 - Posted by:
janjan 3/7/2020 8:46:55 AM (No. 339301)
So these are the elites who are smarter than everyone else sitting there on national TV having a ridiculous conversation and failing 3rd grade math. Sure, I’m in awe. But not for the reasons they think.
27 people like this.
Reply 13 - Posted by:
MickTurn 3/7/2020 8:47:37 AM (No. 339303)
Beyond the Math Ineptness we have a serious problem. With everyone being a millionaire no one would want to work anymore. The entire economy would collapse...then, for example, hamburgers would cost $10,000 each, lettuce an extra $150...you get my point. SO even though this sounds good it would end in disaster.
Thanks Libs, for a Look at several items...YOUR STUPIDITY and YOUR FUTURE PLAN!
20 people like this.
Reply 14 - Posted by:
chase9365 3/7/2020 9:01:43 AM (No. 339319)
#5, Williams attended a prestigious private high school here in our town. Don't want to pass the blame to his staff, he is responsible for sucking up all the stupid comments made on "Twitter". Believing all on "Twitter" makes you a twit!
21 people like this.
Reply 15 - Posted by:
ARKfamily 3/7/2020 9:21:25 AM (No. 339333)
Sorry for the second post but another added thought to what I already posted. Democrats, liberals or RINO's don't like the fact that power resides in the American voters. How many times did we hear Barack Obama tell us "he won" so live with it? Well, American voters went for Donald Trump and not Hillary. They have become such sore losers that even Michael Bloomberg tells everyone he is campaigning because he wants to take out Donald Trump. He really has become greedy and wants power at all costs.
17 people like this.
Reply 16 - Posted by:
wakeupcall 3/7/2020 9:39:05 AM (No. 339341)
$1,000,000,000 / 327,000,000 = $3.058 each.
Hey, Bloomberg, or any other wealthy intelligentsia person, your attention is needed.
$240 million dollars would pay for cleft lip/mouth surgery of 1 million children in the world who desperately need the surgery.
Today the surgery is paid for by individual contributions of $240 dollars per child.
10 people like this.
Reply 17 - Posted by:
spinpilot 3/7/2020 9:58:15 AM (No. 339359)
They are "news readers" not journalists. And crappy ones at that.
16 people like this.
Reply 18 - Posted by:
gone2pot 3/7/2020 10:01:47 AM (No. 339365)
Joe Biden did the math and found Brian Williams' mistaken arithmetic. Joe discovered that Mike's 500 million spent on ads could have given every American a bazillion dollars.
8 people like this.
Reply 19 - Posted by:
cor-vet 3/7/2020 10:51:01 AM (No. 339424)
It's hard to believe that the 2 economic geniuses on the house finance committee, Mad Maxine and the Boston College economics major didn't catch this.
9 people like this.
Reply 20 - Posted by:
joew9 3/7/2020 11:27:08 AM (No. 339466)
It was a "controversy" when the Mattel Barbie spoke for all girls and said, "Math is hard."
But at the time we all knew she was right.
Apparently even the male co-hosts aren't any better at math.
I have several journalist friends. I ask them, "If you have $100 and you increase it by 150% how much do you have?" The answer every time is $150. Math is haaaaaarrrrd.
11 people like this.
Reply 21 - Posted by:
DVC 3/7/2020 11:37:44 AM (No. 339473)
They are innumerate. Exactly the same as illiterate, except with numbers. They have literally no meaningful concept what a million of anything is, and no concept of how that is related to a billion or a trillion, other than the way a three year old thinks.....big, bigger, biggest.
Absolutely no ability to actually grasp ANY numbers in a meaningful way. This was actually true of FDR, too. Read about his efforts to handle the economy, written by his economic advisors. He couldn't grasp anything that they were telling him, and he was a total business failure for the same reason. He did a great job understanding what we needed in WW2, and putting the right men in charge of things to make it happen, but he made the Depression much worse due to his innumeracy. Very common among the chattering classes.
Ever wonder how those folks who won $65 million in the lottery could be dead broke in 3 years? Innumerate, and too foolish to find an HONEST financial advisor and listen to that person to manage their money. Again, like a three year old with a HUGE bag full of candy. Eat lots, give away lots, spill lots and suddenly - the bag is empty. WAAHHHH!
10 people like this.
Reply 22 - Posted by:
Scribelus 3/7/2020 12:12:11 PM (No. 339527)
This is the arithmetic upon which socialism is based. What’s a few zeroes among true believers?
9 people like this.
The creep gets $10 million a year?
To lie on the air?
With that smug grin?
While we toil for wages?
And they wonder why we deplorables think they are greedy morons?
14 people like this.
Reply 24 - Posted by:
JHHolliday 3/7/2020 1:18:57 PM (No. 339598)
Re:9 and 15. It's all about power. The left's lust for power overrides everything they say or do. More than anything they want to tell us deplorables what to do and how to think. It's a mania with them and accounts for their outrageous TDS when they realized what the loss of the Presidency meant....the federal judges, the SCOTUS picks, the deep-staters removed from the Cabinet and elsewhere, Trump's executive orders along with all the myriad appointments of Trump's people. It's driving them bats**t crazy. This election will be our last chance to hold back the tsunami of socialism and communism.
11 people like this.
Reply 25 - Posted by:
mifla 3/8/2020 9:18:26 AM (No. 340182)
Arithmetic, not math.
1 person likes this.
Reply 26 - Posted by:
Faithfully 3/8/2020 11:51:05 AM (No. 340339)
No one in the studio, producer, director, cameraman, script writer, lighting man, security, powder puff girl picked up on this?
0 people like this.
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