I watched they talk about it on Keiser Report and apparently over 1/3 Americans have completely no savings and another 1/3 have less than 1000 USD in the bank. The amount of people living in total poverty, unable to pay their bills rose from 36 to 48 million in 7 years. And all this while Jeff Bezos holds 150 billion. Enough to give every single poor american a thousand dollars and still be a filthy rich billionaire.
The flow of wealth from the poor to the rich is huge and frankly cannot be stopped. The more poor people there are the richer the 1% becomes. People became the slave of the system they're living in, because everything has a price tag.
Giving people money will not fix their money problems for the most part. If you give everybody $1000, people who aren't go at managing money will spend it right away. What percent of they do you think would put it towards taking down their credit card debt? I think it would be pretty small. If you give a man a fish, he'll eat for a day. If you teach a man to fish, he'll eat for a lifetime. Capitalism needs people to spend. The government needs people to spend to keep the economy moving. Unfortunately, this means the government will never teach people to save their money. The whole system is a mess, in my opinion, but you can't fix it by throwing money at it.
I didn't say that he should give his money away. I simply used it to show the gap between the richest and the rest of the society.
As for what you've said, even if you gave a million people some money and 5% used it to pay their debts and get out of the shitty life they're living, wouldn't that be worth it? You can never help everyone, but that doesn't mean that we shouldn't keep trying. Giving them jobs would of course be a much better idea.
We shouldn't wait for the government to do it. Those who have billions lying around should really put some of it into the lowest levels of society, or the'll one day have to fight to keep their wealth. The larger the gap the higher the incentive for an uprising.