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


To: Tenchusatsu who wrote (197625)8/13/2004 2:33:49 AM
From: tejek  Respond to of 1575303
 
Ted, You marry rich; you are born extremely handsome and can act; you are born with an extreme talent for some sport like Michael Phelps; or you are extremely talented in business, or you inherit extreme wealth. Its all based on economics......supply and demand.

None of your "choices" have anything to do with economics. But they are based on the notion that the only way to get rich in this world is by "winning the lottery of life."


They are all tied into the econ. concept of supply and demand one way or another. There are only so many people who are beautiful, talented and charismatic; so many athletes who can play ball extremely well; our economy can produce and support only so many extremely wealthy people; there are only so many people that possess the talent, drive and ambition to be rich.

While the opportunities are greater than ever to 'make it' in this country, the bar for the requirements have moved up.
For an example.........prior to the 1960s/70s, actors rarely went to college. Now its rare if an actor has not gone to college. The bar has moved up.

The reason that great athletes make major bucks is because the demand is great but the supply is low. Even a guy like John Olerud, the former first baseman for the Mariners, whose ten year batting average is around .275 [ definitely an average batting average] was able to command $7 million per year. And then you have A-Rod.

Whenever someone gets paid major bucks, its because the demand is high and the supply low. That's the reality.

I'm not going to kid myself and say that everyone who works hard will get rich, but I will oppose any economic policy that seeks to punish such hard work under the guise of "forced gratitude."

I suggested you should be grateful.....in many countries, working much harder than you have ever considered working will barely get you a roof over you head. Its not economic policy; its the way life is. Outside of Europe, the US, Canada and Australia and a few other countries, the living is killer for most people except for the few elite.

ted