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In reply to the discussion: Charles Koch: $34,000 puts you in the top 1% [View all]muriel_volestrangler
(106,152 posts)30. I suspect it's wrong, though
http://www.bls.gov/news.release/pdf/wkyeng.pdf
The above says that of 102.6 million full time workers in the US, 75% earn $510 per week or more; 50% earn $773 or more. $34,000 per year is $659 per week; it might be fair to estimate 60% in the USA earn that or more - about 60 million. With western European countries and Canada, Japan, Australia and a few others getting close to American levels, and with a combined population perhaps one and a half times that of the USA, I think it's fair to guess another 60 million in them; plus maybe another 10 million in slightly less rich countries. That would be 130 million - well over 1% of the world population (and more still if you are looking at the percentage of workers, rather than the entire population).
The above says that of 102.6 million full time workers in the US, 75% earn $510 per week or more; 50% earn $773 or more. $34,000 per year is $659 per week; it might be fair to estimate 60% in the USA earn that or more - about 60 million. With western European countries and Canada, Japan, Australia and a few others getting close to American levels, and with a combined population perhaps one and a half times that of the USA, I think it's fair to guess another 60 million in them; plus maybe another 10 million in slightly less rich countries. That would be 130 million - well over 1% of the world population (and more still if you are looking at the percentage of workers, rather than the entire population).
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fucker. I hope he shovels shit in hell someday. Standing in it up to his neck.
roguevalley
Jul 2013
#23
Hmmmm - so Charles Koch wishes American Workers had lives closer to poverty in Africa
el_bryanto
Jul 2013
#3
Using, "scrip", he could have his own Treasury Department and circumvent the US Government's
DhhD
Jul 2013
#66
When you live in North Korea maybe that is what the extreme Right Wing really wants.
gordianot
Jul 2013
#4
If I'm 1 in 100, he must be 1 in a billion (at least; without doing the math)
Duer 157099
Jul 2013
#10
That's actually quite accurate, considering there are about 7 billion people on
MillennialDem
Jul 2013
#54
The article is hilarious... It's not the Koch's greed that gets in the way
SomethingFishy
Jul 2013
#11
Typical Republican Total Bullshit..Real Cute. Notice the "in the world"...which means..
BlueJazz
Jul 2013
#13
Good point.. Also, most people who make $34K/yr in country don't qualify for welfare either
penultimate
Jul 2013
#35
Conservatives love to compare American middle/working/poor to only Chad and Djibouti's poor . . . .
HughBeaumont
Jul 2013
#50
Nor would I want the typical American (or person for that matter) to live the life
MillennialDem
Jul 2013
#56
Charles Koch is a lowlife scumbag. No amount of wealth will make him respectable.
gtar100
Jul 2013
#37
contrarywise, some of them have been here for years, leading lights as it were.
HiPointDem
Jul 2013
#59
The terrible thing is not the people who can say this shit with a straight face.
TheMadMonk
Jul 2013
#43
Yep, I'd love to see him live off $34,000 a year. We can even give him a job earning
MillennialDem
Jul 2013
#57
Those who say he is clueless, I don't think that's the case. I think he knows exactly what he is
MillennialDem
Jul 2013
#58
$45,000 = 50 weeks working 40 hours at $22.50 hr. Double minimum wage still insuuficient 4 a family
Coyotl
Jul 2013
#61
If prices were the same in America as elsewhere, $34,000 a year would let you live like a prince.
Donald Ian Rankin
Jul 2013
#73