I was even thinking some of these players in the NFL making 15 or 20 mil a season but playing for a lousy organization they just don't win. Let's everybody hold our breath and wait for Ndamukong Suh to get Miami to the super bowl. Yet Suh will pull in around 20 mil per season and the best coach in the NFL, Bill Belichick, is making 7.5 per year. Elite coaches have never sniffed the same economic universe with elite players in any sport.
It's fucking great to be a Duck .................................................................................Scrooge McDuck
No, I think the obscene amount of money that movie stars make is also a misplaced value. While I'm certainly not a socialist and believe that a good society should definitely work to reward people who produce the most in terms of what we value, there should be a limit (i.e.: a progressive tax structure). When a tiny fraction make such giant amounts of money, it provides a bad example for too many young people who learn that they won't make a billion dollars and consequently give up trying to be a success thinking that the system is rigged against them.
Hard to regulate greed. Everyone speaks about a more dynamic economy but the powerful and wealthy doesn't seem to want to ante up. Pretty sure it's rigged.
Everyone is worth what someone is willing to pay them. The reason Nick makes makes 7.1 million and not 7.2 is because he's not willing to change jobs. Yet!! Because several schools out there would pay that and more.
I hope in year 10 Saban have passed into the legacy years. A time and place where personal income and material possessions take a backseat to my place in the Bryant museum. But, pretty sure we're keeping the cookie jar full anyway.
the market dictates things roy. you probably like football and contribute to the billions it brings in like everyone else. things would be better off if youd spend your saturdays building homes for the homeless. i dont understand the comparisons like this. the world would be better off if we didnt sleep and helped others every waking moment outside of our jobs. but I'd rather spend it here with you while sitting on my lazy ass enjoying football instead.
No question about it, I like football and I agree that the market dictates value. However, there are other factors involved with the distribution of wealth such as government, taxation and monetary policy. I believe that it's in the public interest for government to redistribute wealth via taxation, and think that a more progressive tax structure (although not as progressive as we had in the 1950s where tax rates reached over 90%) would be good for America to create greater educational opportunities for people who have the grades and aptitude to benefit themselves and society. That education would not be just traditional colleges and liberal arts, but in large part technical education which used to be much more available in public schools than it is today. Interesting, I just listened to the Huey Long "Share The Wealth" speech and he quoted statistics from his age (1930s) that 4% of Americans controlled 85% of America's wealth. Yesterday, Bernie Sanders updated those statistics saying that less than 1% of Americans control 99% of the wealth. I'm note sure of the exact data for either the 30's or today, but I do feel confident that in both ages, way too many people, especially young people felt and feel that the deck is stacked against them. The challenge of today is how do we get most people to feel that making a commitment to their education and working to build a carer is something is really in their interest. It's in our interest to reward people from an early age to better themselves. I don't think that a minimum wage helps that effort, nor free college education, but making available opportunities for people to better themselves in real ways is important. Possible, individuals could re-pay those educational opportunities with public service. People who learned trades could do their public service re-building the countries superstructure, people who go to medical schools could do their public service in vets hospitals. Once their educational debt was paid, they would be free to seek higher paying jobs in the private sector. I don't think I've done such a long rant, anyway, but it's election time --- Geaux USA!
