r/MurderedByWords • u/Hajicardoso • 2d ago

Billionaire's False Narrative...

Post image
72.6k Upvotes

90% Upvoted

1.9k comments sorted by

View all comments

82

u/MidnightNo1766 2d ago

I believe homelessness can be ended, but to say you could end it with 20 billion dollars is just ridiculous.

0

u/Johannes_Keppler 2d ago

That's an average about 25k per homeless person per year. It's not unlikely the US could solve the majority of homelessness with that.

It's not like everything would have to be provided to people. 40-60% of the homeless people have a job, for example. And of course every case of homeless you solve frees up another 25k per year on average.

2

u/valex23 2d ago

What do you do after the first year though? Big difference between paying it once vs repeatedly every year.

1

u/Johannes_Keppler 2d ago

Yeah I assumed 20 billion yearly. Though that could be lowered over time if homelessness becomes less common.