Comments by "whyamimrpink78" (@whyamimrpink78) on "WaPo 'Fact Check' Of Bernie Is Incomprehensibly Dumb" video.

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  7.  @R3lay0  , How did someone like Bezos get wealthy? By providing to the citizens. Bezos being wealthy does not mean others are poor. Consider where most of his wealth comes from. It comes from shares of his company. That is not liquidated. Also, his shares are not food, shelter, transportation, etc. They are simply shares of his company that are given a value based on how strong the company is. A part of why his shares are valued so high is because he owns them. Investors see him owning those shares shows that Bezos stands by his product and thus investors invest. His company made people's lives easier where it can save them money. He became wealthy by improving people's lives. And with him owning the shares which gives them value. If Bezos were to give his shares to some random person on the street who knows nothing about running a business the value of those shares drop a lot. Compare it to this. Say you were to give two people, a teenager and an adult, the exact same car. Now place your bets on, in 5 years, which car will be used to produce the most and which car will be in better shape? Most will bet on the adult knowing nothing else. Why? Statistically they are better drivers. Thus you assume that the car given to the adult will be much more valuable. Same is with the shares of Amazon. Bezos owning them gives them that value. When you look at it in detail you see that wealth inequality is not necessarily bad but is actually arguably good. I can go into greater detail if you want.
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  11.  @benjaminnowack8433  , irony in you calling me an asshole. Who owns the shares is part of it. There is a lot more to it. Bezos owning the shares of his company adds value to it. He is willing to stand by his product thus people invest in it. If Bezos were to liquidate all or most of his shares it will be a red flag for investors as they will feel that Bezos knows something they don't and investors will pull out causing the value of the shares to drop. So it isn't like the wealth Bezos owns is stagnant in value. So you have that. To expand, a person in the US with no debt and only $10 in their name has more wealth than 25% off the nation. Why? Because many people, like me, have negative wealth due to loans. It could be a home loan, an auto loan or a college loan. A college loan in my case. Is that bad? Arguably not. It shows we allow people to go into debt to buy big purchases. How long will it take to save up to buy a home? Decades. The alternative is to have a loan and pay it off instead. That also helps the economy in what is called the inverted pyramid. Just because someone is in debt does not mean they are in bad shape. But when you are in debt you have negative wealth. To expand even more the average home owner has 60% of their wealth tied into their home. The average home owner has 30 times more wealth than a renter. Beyond owning a home the average person has little to no wealth. That is because the average person has no desire to run a major corporation like Bezos does. There is a lot to it. Just screaming "wealth inequality" is not an argument when you don't break it down. Again, consider where Bezos' wealth comes from.
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