Let’s put that in perspective. The Walton family’s net worth is $90 billion. So $8 million dollars represents .009 percent of their total.
The average family’s net worth is $86,100. If an average family contributed at the same rate as the Waltons, they’d donate $7.74.
There are thousands of families all around country that are being far more generous to Katrina victims than the Waltons. Few of them will be personally thanked by a former President.
(Via Think Progress.)
You have got to be kidding me. The Walton family gives $8 million, and instead of saying thank you very much, you say they didn’t give enough as a percentage of their net worth. This is why I hate liberals. They didn’t donate $7.74 for crying out loud, they donated $8 million. That doesn’t include the $15 million from the company.
When the average family decides what to donate to charity (people like me), they figure out what they are making and carve out an amount they can afford. They don’t sit down and think, “What’s my net worth?” Instead, they think “How much can I spare from my paycheck this month?”
Let’s see, what is the average family’s income as a percentage of their net worth? Perhaps that would be a better indicator. How much does the average person make in a year? I heard it was around $40,000 or so. Let’s call it $43,500, meaning that the average family makes half their net worth in a year. Do the Walton’s make $45 billion a year?
Shame on you for belittling what is a truly generous donation.