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Bill O’Reilly’s No Spin News and Analysis

O'Reilly Update Morning Edition, May 25, 2022

Bill O’Reilly’s No Spin News and Analysis

Bill O'Reilly

News Commentary, Politics, News

3.712K Ratings

🗓️ 25 May 2022

⏱️ 3 minutes

🧾️ Download transcript

Summary

Poor Americans are still better off financially than poor Europeans Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Bill O'Reilly here and I'm warming up.

0:05.4

Standby for the O'Reilly Update Morning Edition.

0:08.8

But first.

0:10.4

This is Brian Dean Wright filling in for Bill O'Reilly.

0:13.3

On this Wednesday, I am thinking about wealth in America.

0:16.6

The United States is the wealthiest country in the history of the world.

0:19.8

Total worth in the USA topped $141 trillion in 2021.

0:24.9

And that's expected to pass $150 trillion by the end of the decade.

0:28.6

So how does all that money break down within our population?

0:31.9

Well it turns out if you were born in the United States, you have a very good chance at making

0:36.6

it rich.

0:37.6

Here's that data.

0:38.9

The median income currently stands at $67,000 in this country.

0:43.0

The nation is also home to the most millionaires on earth.

0:46.3

19 million people have more than 1 million bucks in the bank.

0:50.9

That's roughly 6% of our entire population.

0:54.7

The country also has 620 billionaires.

0:58.0

Meanwhile half of the population own stock or holds private investments.

1:02.3

Even the poorest of our citizens.

1:04.6

Their living standard here is better than anywhere else in the world.

1:08.8

97% of Americans living in poverty have a cell phone.

1:13.0

99% have refrigerators.

...

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