Post #4280433

"Musk Plans to Spend at Least $100 Million to Help Republicans in the Midterms." https://www.nytimes.com/2026/07/30/us/politics/elon-musk-midterms-republicans.html PS: Assume Musk's net worth is 1 trillion. $100 million is 0.01% of 1 trillion. The net worth of the average American is $1,063,700, and the net worth of the median American $192,900. (These numbers are from the Federal Reserve's 2022 Survey of Consumer Finances.) https://www.federalreserve.gov/econres/scfindex.htm For the average American, 0.01% of their net worth is $106. For the median American, it's $19. A lot of us spend more than 0.01% of our net worth on candidates in critical elections. But Musk has 940,115x the net worth of the average American and 5,184,033x the net worth of the median American. #Inequality #Musk #USPol #USPolitics