Count the millionaires in Congress

[Lafayette]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:

Estimated U.S. military spending is $934 billion. It covers the period October 1, 2020, through September 30, 2021.1 Military spending is the second-largest item in the federal budget after Social Security. This figure is more than the $705 billion outlined by the Department of Defense alone2 . The United States has many departments that support its defense. All these departments must be included to get an accurate picture of how much America spends on its military operations.

Key Takeaways

• The federal budget’s second-largest expense category is the military. Social Security takes the largest share.
• The military budget covers the DoD, overseas contingency operations, the VA, Homeland Security, the State Department, and many others that involve national security.
• To reduce military costs, the DoD must reduce its civilian workforce, pay and benefits of soldiers, and its military bases around the world.
• Military spending has been increasing both the current U.S. debt and budget deficits.

And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):

As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million.

No further comment is necessary ...

 

[NatMorton]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:





And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):

Being a millionaire isn't what it used to be. For example, the average home price in the city closest to me (Boston) is $675k. Between home equity and retirement savings, reaching a $1m in net worth is no longer uncommon, especially for older workers.

 

[upsideguy]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:




And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):


No further comment is necessary ...

I know the term "millionaire" sounds like a big deal as historically it has been. "Millionaire" would be a label that a very high percentage of reasonably successful people in the 50's and 60s would wear. It really isn't that much money in 2020 America.

In the context used in the OP, "millionaire" is portrayed "out of touch" with the America people. The reality is, unless we are talking multi-millionaires, he is very much in with the affluent middle class.

 

[Artymoon]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:




And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):


No further comment is necessary ...

I'd be interested to know their net worth prior to taking office and net worth after one term. That may be a more accurate method.

 

[TurtleDude]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:




And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):


No further comment is necessary ...

a net worth of a million for people who have the education to be congress critters is really not all that shocking. what is shocking is how much some ex-politicians make due to their connections

 

[dirtpoorchris]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:




And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):


No further comment is necessary ...

Been saying this for years. Millionaires like Pelosi do not represent "the people" what so ever. We would be better off hiring homeless people. Congress does not represent "the people" it represents lazy money.

 

[NatMorton]

FWIW:



source: https://www.cnbc.com/select/average-net-worth-of-americans-ages-65-to-74/

 

[dirtpoorchris]

I know the term "millionaire" sounds like a big deal as historically it has been. "Millionaire" would be a label that a very high percentage of reasonably successful people in the 50's and 60s would wear. It really isn't that much money in 2020 America.

In the context used in the OP, "millionaire" is portrayed "out of touch" with the America people. The reality is, unless we are talking multi-millionaires, he is very much in with the affluent middle class.

Pelosi had her damn fridge filled with icecream as she talked about how hard it is for people to live in the pandemic. She has a yacht parked in an American lake that she's never paid taxes on by labeling it a foreign vessel.

 

[upsideguy]

Pelosi had her damn fridge filled with icecream as she talked about how hard it is for people to live in the pandemic. She has a yacht parked in an American lake that she's never paid taxes on by labeling it a foreign vessel.

I'm sorry, what does that have to do with anything, much less my post? One need not be poor to be a champion of issues related to the poor (see Kennedys, Roosevelts, Gates). One need not be black to stand against racism. Compassion and empathy are about understanding the struggles that you do not have. I get that Conservatives have no concept and/or zero understanding of empathy, so here is a little reading material on the subject:

Six Habits of Highly Empathic People

We can cultivate empathy throughout our lives, says Roman Krznaric—and use it as a radical force for social transformation.

greatergood.berkeley.edu

Empathy

Empathy is the ability to recognize, understand, and share the thoughts and feelings of another person, animal, or fictional character. Developing empathy is crucial for establishing relationships and behaving compassionately. It involves experiencing another person’s point of view, rather than...

www.psychologytoday.com

The Three Kinds of Empathy: Emotional, Cognitive, Compassionate

Dive into the three types of empathy: emotional, cognitive, and compassionate. Emotional intelligence empowers you in varying situations and relationships.

blog.heartmanity.com

 

[reflechissez]

I'm sorry, what does that have to do with anything, much less my post? One need not be poor to be a champion of issues related to the poor (see Kennedys, Roosevelts, Gates). One need not be black to stand against racism. Compassion and empathy are about understanding the struggles that you do not have.

You can only be empathetic if you don't eat ice cream.

 

[upsideguy]

FWIW:

View attachment 67337071

source: https://www.cnbc.com/select/average-net-worth-of-americans-ages-65-to-74/

No chart so well illustrates wealth disparity as that one. In a normal distribution, median and average are reasonably close together. I don't really ever remember seeing an average that was 6x the median when the underlying population was large.

 

[upsideguy]

You can only be empathetic if you don't eat ice cream.

Well, the complaint is that its in the fridge, so she is not eating it. I guess out of empathy.

 

[dirtpoorchris]

I'm sorry, what does that have to do with anything, much less my post? One need not be poor to be a champion of issues related to the poor (see Kennedys, Roosevelts, Gates). One need not be black to stand against racism. Compassion and empathy are about understanding the struggles that you do not have. I get that Conservatives have no concept and/or zero understanding of empathy, so here is a little reading material on the subject:

Six Habits of Highly Empathic People

We can cultivate empathy throughout our lives, says Roman Krznaric—and use it as a radical force for social transformation.

greatergood.berkeley.edu

Empathy

Empathy is the ability to recognize, understand, and share the thoughts and feelings of another person, animal, or fictional character. Developing empathy is crucial for establishing relationships and behaving compassionately. It involves experiencing another person’s point of view, rather than...

www.psychologytoday.com

The Three Kinds of Empathy: Emotional, Cognitive, Compassionate

Dive into the three types of empathy: emotional, cognitive, and compassionate. Emotional intelligence empowers you in varying situations and relationships.

blog.heartmanity.com

Ya man the leader of congress showing her fridge full of ice-cream during the pandemic and going to salons when normal women cant while single moms are trying to survive and get bologna in their fridge is irrelevant. She totally represents the average person.

 

[reflechissez]

Ya man the leader of congress showing her fridge full of ice-cream during the pandemic and going to salons when normal women cant while single moms are trying to survive and get bologna in their fridge is irrelevant. She totally represents the average person.

You definitely should be very upset about this. HOW DARE SHE HAVE ICE CREAM DURING A PANDEMIC!

 

[tshade]

From thebalance: US Military Budget, Its Components, Challenges, and Growth

Excerpt:




And who votes the budget created by the PotUS every year? Both parts of Congress, the HofR and Senate.

And what percentage of those two entities are millionaires?

From Wikipedia (here):


No further comment is necessary ...

Who cares if they are millionaires ??? Something wrong with making money ???

 

[phoenix2020]

FWIW:

View attachment 67337071

source: https://www.cnbc.com/select/average-net-worth-of-americans-ages-65-to-74/

"The average age of Members of the House at the beginning of the 116th Congress was 57.6 years; of Senators, 62.9 years."

Research Guides: 116th United States Congress: A Survey of Books Written by Members: Introduction

Comprised of the U.S. House of Representatives and Senate, the 116th Congress convened on January 3, 2019, and will end on January 3, 2021. This list includes titles authored by members currently available in the Library of Congress collections.

guides.loc.gov

Based on this as well as your table, there seems to be nothing particularly remarkable about the average net worth of members of Congress. Indeed, it is lower than I would have expected. However the OP called out the median net worth being ~$1M; does anyone know what the mean net worth is?

 

[Trumpsucks]

visiting how many millionaires in congress7 or 9???

 

[Greenbeard]

Pelosi had her damn fridge filled with icecream as she talked about how hard it is for people to live in the pandemic.

Eating ice cream is an ostentatious display of wealth?

 

[dirtpoorchris]

Eating ice cream is an ostentatious display of wealth?

Having only icecream in your fridge and eating at expensive restaurants everyday and showing your icecream on the news and pretending to be a normal American is a bit of a display of wealth. Plus the whole having a foreign yacht in an American lake for her to call her own just so she doesn't have to pay taxes for it.

This is the leader of Congress.

 

[Greenbeard]

Having only icecream in your fridge and eating at expensive restaurants everyday and showing your icecream on the news and pretending to be a normal American is a bit of a display of wealth.

Pelosi's certainly rich but I can't get over the idea that eating ice cream (even having several pints!) is the giveaway. That's bizarre. It's ice cream, not caviar.

 

[dirtpoorchris]

Pelosi's certainly rich but I can't get over the idea that eating ice cream (even having several pints!) is the giveaway. That's bizarre. It's ice cream, not caviar.

Really you dont see a pair of 24,000$ refridgerators (thats 48,000$ in case you cant add) and eating only icecream while refusing to pass paychecks to help curb people that got fired cuz of covid as a problem? And that she represents the average person as the Congress Spokeswoman? What about her owning a yacht in a foreign name in an American lake just so she doesn't have to pay the tax on it? There was people that suicided over covid loss in San Francisco and if she just gave them 1 of her extra fridges they could have sold it and kept afloat. She SHOULD NOT be the speaker of the house.

 

[Trumpsucks]

Pelosi doesnt drink acholol facebook lite on her two pages accusers.

 

[Greenbeard]

Really you dont see a pair of 24,000$ refridgerators (thats 48,000$ in case you cant add) and eating only icecream while refusing to pass paychecks to help curb people that got fired cuz of covid as a problem?

She got $4 trillion in relief spending through, including hundreds of dollars per week in supplemental unemployment benefits for those out of work due to COVID. Let her have some ice cream.

 

[dirtpoorchris]

She got $4 trillion in relief spending through, including hundreds of dollars per week in supplemental unemployment benefits for those out of work due to COVID. Let her have some ice cream.

Ya that almost makes it worse. She turned down trump's for a quarter trillion because it was close to election time and passed a bigger one after he was gone. Upperclass vs Upperclass political warfare at the cost of the lower class. SHE DOES NOT REPRESENT THE COMMON PEOPLE shes just in it for the wealth and fame and to use the position to her benefit.

 

[Greenbeard]

Ya that almost makes it worse. She turned down trump's for a quarter trillion because it was close to election time and passed a bigger one after he was gone. Upperclass vs Upperclass political warfare at the cost of the lower class. SHE DOES NOT REPRESENT THE COMMON PEOPLE shes just in it for the wealth and fame and to use the position to her benefit.

Oh, I see, she was too generous in the relief package.