Democratic Primaries
Related: About this forumHere's How Much Pete Buttigieg Is Worth
It is interesting that Pete Buttigieg is attacked for being elitist and out of touch when he is the only candidate who is not a millionaire.
https://www.forbes.com/sites/chasewithorn/2019/06/07/how-much-is-pete-buttigieg-worth/#c9c3fca3dd38
Forbes estimates that Buttigieg has built a net worth of about $100,000, largely thanks to his six-figure salary as mayor of South Bend, Indianamaking him a financially comfortable Midwesterner, but one of the least wealthy 2020 presidential hopefuls.
His earnings have bounced up and down over the past decade. In 2010, Buttigieg left his high-paying consulting job with McKinsey & Company to run full-time for treasurer of his home state of Indiana. His yearly earnings plummeted from $150,000 to $34,000, according to his tax returns. He lost that race and then decided to run for mayor of South Bend. His income fell further, to just $7,000 in 2011, propped up only by his 2009 decision to enlist in the U.S. Navy Reserve. I had health insurance and a little income from reserve duty, Buttigieg wrote in his 2019 book Shortest Way Home, but that came to about $400 a month, just shy of enough to cover my mortgage.
Luckily he won the mayors job and the ample salary that came with it. One of the highest-paid mayors in Indiana, Buttigieg has brought in more than $100,000 every year since taking office in 2012except 2014, when his income dropped to $46,000 because he was deployed to Afghanistan for part of the year, forgoing his city salary.
primary today, I would vote for: Joe Biden
evertonfc
(1,713 posts)I never understood why a person's wealth is an issue. As long as you earned it. There are bad rich people and bad poor people. It's perfectly logical that a person works hard, starts a business and becomes wealthy. Why is that such asn issue in our party?
primary today, I would vote for: Joe Biden
localroger
(3,629 posts)There is nothing you could ever do as an individual that justifies that kind of wealth, and if you have it it's because you scammed it from the rest of us by gaming the system.
primary today, I would vote for: Joe Biden
CaliforniaPeggy
(149,652 posts)primary today, I would vote for: Joe Biden
FreeState
(10,573 posts)Should get behind!
https://peteforamerica.com/rules-of-the-road/
primary today, I would vote for: Joe Biden
Frasier Balzov
(2,659 posts)Seemingly near genius level at processing info. I have great confidence in his capabilities.
primary today, I would vote for: Joe Biden
bluewater
(5,376 posts)None?
Pete has 40 years or so to accumulate wealth like the rest have.
But Pete's parents were both college professors, right?
That was certainly more upscale than Elizabeth Warren's childhood.
primary today, I would vote for: Joe Biden
squirecam
(2,706 posts)Attacking him for his billionaire donors, which give him the same maximum as everyone else, is wrong headed.
primary today, I would vote for: Joe Biden
Blue Owl
(50,448 posts)primary today, I would vote for: Joe Biden
judeling
(1,086 posts)From Forbes
[link:https://www.forbes.com/sites/danalexander/2019/08/14/heres-the-net-worth-of-every-2020-presidential-candidate/#111b17b937c5|]
Amy and her Husband for example areworth about $2 million according to them.
$365,000 in their house (paid off), $850,000 in Retirement accounts and $560,000 in her senate pension. The couple makes about $300,000 a year. $174,000 as a Senator and the rest from his salary teaching at Georgetown and University of Baltimore.
In other words pretty much like Pete's parents if the were careful with their money and where Pete will be when he grows up.
primary today, I would vote for: Undecided
unitedwethrive
(1,997 posts)A person with a strong moral compass will do their best to chose what is right: whether they are supported by billionaires or not; whether they have worked in Washington D.C. or not; whether they have highly planned out campaign promises or not.
Remember, Obama had billionaire donors. Nixon had years in Washington before becoming president - as a senator and vice-president. Thomas Jefferson campaigned on how he would reduce the national debt, and then broke that promise with the Louisiana Purchase. Yet, what made each of these men good or bad presidents? It was their character and if they did their job with the best interests of the country at heart.
primary today, I would vote for: Joe Biden