QuoteMy general rule is that whatever the median income is, you need to make about double that to join the Investor Class.
RE
Jeremy Lewin, a DOGE staffer assigned to the General Services Administration who helped lead attacks on the U.S. Agency for International Development, the Consumer Financial Protection Bureau, and the National Institutes of Health, is pulling in $167,000 per year. Kyle Schutt, a software engineer at the Cybersecurity and Infrastructure Security Agency, is making a salary of $195,200, the maximum annual salary that a "General Schedule" federal employee can make, including bonuses. And Nate Cavanaugh, 28, whose work for DOGE comprises interviewing GSA employees, makes over $120,500 per year. That's close to what the average GSA employee, who typically has been with the agency for 13 years, earns per year at $128,565.
X = ($167,000 + $195,200 + $120,500 + $128,565.) / 4
X = $152,816
The median annual salary for U.S. workers in 2023 was approximately $48,060.
Y = $152.816 / $48.060
Y = 3.17
These DOGE staffers are making 3.17 times the U.S. median salary. Musk is helping America invest!
Why these dudes still suck air I do not understand.