START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x
Mar 28, 2012

I was just reading an article that said Romney couldn't seem more out of touch if he showed up in a top hat and a monocle lighting a cigar on fire with a hundred dollar bill. I started wondering, just how finnacially feasible is it for him to light things on fire with $100 bills. Now, I know Romney isn't the sort of person who is likely to be smoking cigars, but human brains are very bad at putting large numbers into perspective. This is purely an exercise in understanding how wealthy is Mitt Romney.

I've never smoked a cigar, so I have no idea how much they cost nor how long they take to smoke. So, I just assumed $100 per cigar and five minutes each to smoke. Let's say Romney needs five hours per day for a brief nap, some food, and other basic essentials during which he is not smoking any cigars. If he spent the other 19 hours ceaelessly chain-smoking $100 cigars that he lit with $100 bills, then he would almost use up his daily average after-tax income, as based on his disclosed income tax report and assuming it has stayed fairly similar.

So, lighting one cigar with a $100 bill would have virtually no effect on his daily income. Proportional to most people's income, it'd be like somebody else losing less than a penny. 

I just did this as a fun exercise in math, but maybe it will help a little to put into perspective what it means for most of the nation's wealth to be in the hands of a very few people. It's truly hard to understand the degree of wealth they have, and simple examples that put it into physical terms that one can picture can be useful.

Visibility: Everyone
Tags: , , , ,
Posted: Mar 28, 2012 3:17pm

 

 
 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.

Author

Ra Sc
, 1
San Leandro, CA, USA
Shares by Type:
All (6) | Blog (6)

Showing shares tagged with: perspective [show all]
SHARES FROM RA'S NETWORK
Feb
15
(0 comments  |  discussions )
This photo is going to turn out to good to be true. What it’s about is what was kept secret in Daniel 8:26 to be revealed in these latter days.  In Daniel 8:9-14 stars and hosts were dragged out of heaven, by the horn which is today’s...
Oct
19
(2 comments  |  discussions )
Oct 19, 2012 Focus:GovernmentAction Request:ProtestLocation:U nited States Oct 19, 2012 Focus:GovernmentAction RequestrotestLocation:Uni ted States This Diary (Did not make it to an Article, for does have some rambling like thoughts, not ti...
Mar
15
(0 comments  |  discussions )
Infectious mononucleosis,a disease which is be mainly caused by a type of virus which is be transferred orally ie kissing your girlfriend. Mononucleosis SymptomsThe name of the virus which cause mononucleosis are epstein bar virus.Its can be categor...
Mar
5
(1 comments  |  discussions )
Stomach cancer also known as gastric cancer can be defined as a disease where cancer cells form in the lining of stomach.Recent statistics by National Cancer Institute shows that there is 21320 new cases and 10540 deaths from gastric ulcer in the Uni...
Jan
3
(0 comments  |  discussions )
Some issues about State Banks helping fund States. State Public Options for Healthcare. And Foreign Policy changes needed to rebuild this Broken Promised Land. http://www.care2.com/news /member/406091837/3059562 It sounds like a great ide...
Dec
20
(2 comments  |  discussions )
I like how Ron Paul has solutions from thinking outside the box, of the left-right status quo which has us in this mess.Ron Paul's Foreign Policy is long over due.  This fiat or fractional banking monetary system has the world on the brink of an ...
Dec
15
(0 comments  |  discussions )
A quote you see everywhere is Gandhi's line about being the change you want to see in the world. Since I'm a corny guy, I took that to heart. Here are some of the main problems with the establishment media that I want to help change: http://www.c...
Nov
20
(1 comments  |  discussions )
If Obama and Dems on the super committee go along with cuts in Social Security, Medicare and Medicaid, the three pillars of the New Deal and the Great Society, and permanently extend the Bush tax breaks for the wealthiest 2 percent, the American peo...
Nov
5
(1 comments  |  discussions )
For those in America still asking what fueled the Occupy Movement and what wrongs it wants to right - well, those questions are easily answered once you've seen the movie Heist. ''I hope that our film enables and organizes, and brings independents, ...
Oct
31
(1 comments  |  0 discussions )
Elizabeth Warren also angrily points out that there "is nobody in this country who got rich on his own. Nobody." Meaning: if the rich don't pay their fair share of the taxes which educate their workers and provide roads, security and many other thing...