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Since 1975, $79 Trillion Has Flowed From Bottom 90% to Top 1% in US: Analysis
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this post was submitted on 08 Mar 2025
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Two points. First, the 'merely rich' aren't doing much better than their counterparts of the past. Angelina Jolie isn't substantively richer than Elizabeth Taylor was. Second, the price of luxuries has skyrocketed. The original Corvette cost about $6,000.00 when the average worker made $5,000.00 a year. Today the new Corvette, which isn't even the most expensive car, is about $250,000.00. Tickets to Super Bowl I were about $12.00 iirc.
MSRP for a Corvette: $69,995.
Also if it were 250,000, Jolie can buy a handful of them every year and never touch the money she has in the bank. The interest would more than cover it.
125,000,000 worth Yearly income of interest if ONLY 5% 6.25 Million.
She can buy a new house, car and furnish it yearly and forget where she put the keys and go buy another every time she forgets where she put them.
I don't think she needs to be doing any better than she is now