NOTE: changed the title, not the link itself, because I realized I wasn’t talking about the economy at all.
If someone walked up to me on the street and told me that they were going to give me 500 million dollars, I would have no idea what to do with that kind of money in my wildest dreams. Even if it was a fraction of that (say, 50 million), I’d still be flabbergasted and confused.
Breaking it down, that is around 20,000 bucks a week for 49 years (or working from age 16 to 65). Even if the goverment taxed me out fifty percent of it, that would be still ten grand a week. That is an astonishing number. If you can not live your life the way you want on 40K/month, you deserve to be shot, hanged, or both (plus more).
My personal high water mark would probably be somewhere around 3 thousand a week. That’s 156K a year and that would around 7.6 million for a normal working lifetime. So it would seem to be that if I won some lotto jackpot for 150 million dollars, that I should be able to just dump 142.4 million of it in the garbage and live my life out swell.
But, really, what idiot would do such a thing?
No, I would just have to see if I could turn that 150 into 300, and that 300 into 600 and so on and so on until eventually I die (and leave my children something to fit over). It just doesn’t make any sense, but it is this mindset that has people claiming BONUSES on top of their yearly salaries that I could live comfortably on and then being absolutely disgusted when they don’t get six more figures on top of the six they are currently being given. It’s sickening.
Tangent: No one, NO ONE, deserves the millions of dollars that are shelled out to play sports. Period. I don’t care how entertaining or spectacular it is. That is the kind of money that could be going to doctors, teachers, and everyone else that keeps the country standing on two feet, not dashing through an end zone or trotting around the bases. It also seems like every major sports championship winds up with a city being decimated by looting and riots. It’s one of the reasons I’m glad I don’t live in a major sports city. It’s getting so bad that if Cleveland broke their drought I don’t think the city would exist anymore after it was all over. “We just watched our favorite player, who is worth an apparent 20 million, win a championship, let’s cause that much in property damage! woo!”
…and then you complain when your taxes go up to help pay for all the destruction. Boo Hoo.
Tangent over.
Peace,
James.