Thursday, March 26, 2009
Follow up to last blog.
A few more thoughts on Money= Work or Work=Money, other non-workers, or people who don't produce any wealth for the country only take it, are polititions, overpaid athletes, overpaid entertainers. Oprah Winfrey for example makes around 100 million dollars a year - or as much as two thousand five hundred average workers, but all she does is stand in front of a camera and talk. She is doing what she likes to do, for $100,000,000 a year, why should she get so much money? Some one else drives a bus around DC for $40,000 a year. Oprah would probably rather do her job for $100,000,000 than drive that bus for $100,000,000. But why should she make that much money? She would rather do what she does for $40,000 than drive the bus for $40,000. The point is that what she does is of no more use to society as a whole and maybe less use, than the bus driver or the steelmaker. Everyone does something and there does not seem to me to be any reason why one person should be paid a thousand times or more what another person is paid. In fact we seem to enjoy paying some people huge amounts of money to do very little. Tiger Woods plays golf for tens of millions of dollars a year, why? I'm sure that the steelworker who makes $40,000 a year would rather play golf for $40,000 ayear. And I'm sure Tiger Woods would rather play golf for $40,000 a year than make steel for $40,000 ayear. All these overpaid jobs only take money from the people who do useful work. OK it may be useful for Julia Roberts to make a movie to entetain us, but why should she be paid 1,000 times as much as the woman who makes shampoo for her hair? I'm sure Julia Roberts has a job that she likes more than one where she would make shampoo, why should she be paid so much to do that job? Why should she not make the same as the shampoo maker? Her job, Julia's, is doubtless more pleasant than the shampoo makers, she has a nice environment, plenty of rest, easy work (for her - it would be hard for other people, but lots of jobs would be hard for her) Why should we not do work that we are good at and make somewhere around the same money? Pumping ceptic tanks pays very little compared to playing golf or being a movie star or a basketball player, but why should that be? Every one of those movie stars and golf players and polititians and CEO's would rather be doing what they are doing than pumping septic tanks - even if every job paid the same! Would you choose to pump septic over playing golf if they both paid the same?