General Discussion

jmowreader

(52,623 posts)

6. I would use it to alleviate hunger and poverty in the US

Fri Jun 20, 2025, 12:31 AM

Jun 20

And not in the way most people think - "let's give the money to the poor."

Dude, you don't SOLVE the problem of poverty by just handing out cash. You solve it by putting people to work.

$500 million comes out to $10 million for each of the fifty states. Divide that into four pieces per state, open two $2,5 million businesses (that includes operating capital for the first two years) and hold back the other $5mm as reserve funds.

As these businesses start to be profitable, invest some of the profits into opening more businesses that will hire more employees.

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Hugin nitpicked

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Half Billion Dollar Question. If you had $500,000,000, what would you want to do? [View all] usonian Jun 19 OP

Call a cab, get taken to the Porsche dealer and buy a car. House of Roberts Jun 19 #1

I'd buy the next two Republican Presidents. Midnight Writer Jun 19 #2

Well after moving to New Zealand Tree Lady Jun 19 #3

Send all of my friends a pair of socks. Hugin Jun 19 #4

Move to W.A. (Western Australia) LSparkle Jun 20 #5

Nice climate, Perth now has 2 million people, the rest of the territory is basically empty. Swede Jun 20 #11

I would use it to alleviate hunger and poverty in the US jmowreader Jun 20 #6

Buy a small starter house in a US city, if I could find one that inexpensive. FuzzyRabbit Jun 20 #7

It just about busted my budget nitpicked Jun 20 #8

The site is harvesting emails so that they can be sold to data brokers. n/t Jacson6 Jun 20 #9

Thanks for the observation. usonian Jun 20 #12

Give my retirement mutual fund a shot in the arm, say $5m Norbert Jun 20 #10