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johnsonjo | 2 years ago

There are 500k homeless people in the US alone [0]. Let's compare that to Google's net income (money gained after all expenses including taxes, etc.) for a quarter (quarter is 3 months with $70m on a good quarter and $30m on a bad one [1]). If we were to give every cent of Google's earnings to each homeless person in the USA then each homeless person could get a $46 pay check ((net_income_per_quarter / homeless_population) / 3 [2]) per month from Google on a good quarter and a $20 paycheck per month on a bad quarter [3]. But, you have to ask yourself what this sort of wild and crazy idea would cost to Google's bottom line. I'm no expert on that, but I assume it would not be good. This is just some simple back of the napkin math, but it shows how simply infeasible solving homelessness or poverty is even for a company as big as Google. This is why I usually believe solving homelessness can not be achieved by money alone, and just the scale of the problem makes it so intractable.

[0]: https://en.wikipedia.org/wiki/Homelessness_in_the_United_Sta...

[1]: https://finance.yahoo.com/quote/GOOGL/financials

[2]: https://www.wolframalpha.com/input?i=%2870000000+%2F+500000%...

[3]: https://www.wolframalpha.com/input?i=%2830000000+%2F+500000%...

discuss

order

tomalpha|2 years ago

The yahoo link you reference in [1] notes “All numbers in thousands”

I think you might be off by 3 orders of magnitude and google could “afford” to pay every homeless person a thousand times more than you’re suggesting.

I further think that undermines your argument about the problem being fundamentally intractable due to the scale.

johnsonjo|2 years ago

That is true it says all numbers in thousands also I noticed I accidentally was on years and not quarters. So 11k a month for example is the new number for a good year [1] and 5k a month is the example for a bad year [2]. So yes now it seems more tractable than it was before, but my argument was just supposed to show one reason why it was intractable there could be many other reasons, though my argument fell flat for that one reason there are still many other reasons it could be intractable.

So the question still remains is it tractable? The answer given my above argument is still up in the air, because the honest truth is there are many underlying assumptions in my argument so again it doesn’t really say much about it being tractable. It was only trying to say it was intractable which again it fell short of doing. For example in the per month. After Google dumps all or even some of their profit into that for even one month it is somehow going to still reach the same profit margins the next month the proof for that is up to someone trying to prove it’s tractable. There are too many other variables like this that exist and it really needs a much bigger burden to show that something like that is tractable.

[1]: https://www.wolframalpha.com/input?i=%2870+billion+%2F+12%29... [2]: https://www.wolframalpha.com/input?i=%2830+billion+%2F+12%29...

BurningFrog|2 years ago

Homelessness is mainly caused by the physical reality of there being too few homes for the number of people.

The good way to change that is to add more housing (let's ignore the option of removing people).

Giving homeless people money doesn't end the physical reality at all. It can make some homeless people able to afford housing, but an equal number of housed people will replace them as homeless.

edub|2 years ago

I might be misunderstanding what you are saying, but if there are less than 600k homeless people in America and over 15 million vacant homes, it doesn't seem to be "caused by the physical reality of there being too few homes for the number of people".

sk5t|2 years ago

Google’s quarterly net income is in the $10 to $20Bn range. Take another whack at that math?

johnsonjo|2 years ago

Okay I was wrong about that I was also wrong about the quarterly part the numbers were not per quarter but per year. Again back of the napkin and I’m glad to have people point out the flaws in my argument.