this post was submitted on 30 Aug 2026
1301 points (99.6% liked)

Work Reform

17406 readers
410 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] merc@sh.itjust.works 4 points 1 day ago

The fact you're using pounds instead of dollars says you're probably talking about having 1 million pounds and living in the UK rather than the US.

1 million pounds is still a lot more than 1 million dollars, despite Brexit. In addition, if you live in the UK you're covered by the NHS so none of your million has to go towards health care / health insurance. The cost of living is also lower in the UK than the US. So, as long as you don't try to live in London you can get by with a lot less money.

The point is, John Rogers was trying to draw a distinction between two extremes. On one end you're homeless and extremely desperate. On the other end, you're a millionaire and are set for life. At this point, $1m USD in the USA really isn't "set for life" anymore. Someone hitting age 65 with no pension and a total net worth of $1m is really still in the same "class" as the people who work 9-5 every day. They shop in the same stores, have to budget very carefully, worry about the price of gas, etc.