Question about what Obama just said.

[jv103]

mrstickball said:

SciFiBoy said:

mrstickball said:

SciFiBoy said:

TheRealMafoo said:

I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

if everyone says that then no player can ask for 100k

So your setting the value of a human at $100,000? That's brilliant.

sorry, should have phrased it better, i dont think humans are worth money, we cant be measured in such terms, but pay wise, i dont think that a job exists that is worth 100k a year

Try going to college for 8 years, then working 16hrs a day on double shifts, then watching someone that does no work get paid close to what you do. You'll start to see things differently.

For an entire year, I woke up at 4am every weekday, worked 60hrs a week, and made $8.00hr + overtime. No benefits. It's called unskilled labor. You see, in an economy, some people do things that are more valuable than others. They have the ability to do, say, and understand things better than others. Because of this, they may be entitled to earn compensation that exeedes those that work the same number of hours, but did not put any time into education, to do a good job.

 

Italicized part: Really? Stock Brokers do something more valuable than, dentists, doctors, farmers or even contractors/builders?

Bold: This type of rationalization typically comes when we try to explain inequity and chance. In reality differences are probably marginal, and most of what we deem success is not on individual ability but rather fortune/chance. Of course if you believe that their is some sort of supreme order or logic to the world, then of course that would entail chaos and would be very frightening.