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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (190019)	6/8/2004 5:45:21 PM
From: TimF	Respond to of 1586105

twfowler, if the above statement were the complete picture, it would imply it's also a function of the fact that great inventors get billions of dollars to invent great things. Yet, it's not, because the average kid out there (that doesn't live in Silicon Valley) wants to be a sports hero, rather than an inventor. What the average kid wants to be has little to do with it. A sports team is only about 12 to 50 players. But the team makes tens of millions to hundreds of millions in revenue (perhaps even over a billion if you look at a team like the Yankees and include revenue for associated businesses that are also owned by Stienbrenner like the YES network and stadium revenue). That means there is a lot of demand for those few players. comptroller.nyc.gov Also few people have the skills and abilities required to do a good job at the major sports level. All the major American sports put together only employ a few thousand players. So there is very little supply. High demand low supply equals high prices. If anything the fact that so many kids want to play professional sports keeps the salaries of sports players down because it increases the potential supply but even with millions of wannabes only a few have the skills so supply is still low. Govt can fix that. Just cap sport salaries. Politicians and government bureaucrats shouldn't try to set privates sector salaries. If the employer and the employee both agree on a salary and the activity being paid for isn't illegal then the government should but out. bin Laden has stated his goal is to kill 4 million people in the USA... ...With potentially 4 million lives on the line bin Laden may have all sorts of things as his goal but that doesn't mean 4 million lives are on the line. I think Bush needs to think more like a capitalist in order to win this. Government acting more like capitalists is an interesting idea but you seem to think that the capitalists should have the salaries they give be decided by government. Your combination of program ideas and policies seems to be a little inconsistent. it's absolutely unbelievable to me the director of CIA, who is in charge of protecting all of us, tells Congress it'll take him 5 years to synch up some databases and the like, to get their systems into the 21st century. There's something wrong here. I definitely agree there is something wrong. I can't actually agree that its unbelievable. Such problems in government are nothing new. Tim