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Consider that he made this money in the 25 years or so since Microsoft was founded in 1975. If you presume that he has worked 14 hours a day on every business day of the year since then, that means he's been making money at a staggering million dollars per hour, around $300 per second.
Originally posted by Portugoal
reply to post by williamAmerican
Doesn't sound very capitalist coming from an "American." Where is the room for innovation, competition, laissez-faire economics?
Under your proposition, the people contributing the least (presumbably) would be making more than people in better shape, able to contribute more (50 and under), at least in most industries (not trying to sound cynical).
Originally posted by Becker44
reply to post by williamAmerican
Gotta a little glitch there son.
What about pro athletes? What about a guy like Bill Gates. What is he 56 yrs old or something? So Billy-Boy gets $56 per hour huh?
I don't think so........
Consider that he made this money in the 25 years or so since Microsoft was founded in 1975. If you presume that he has worked 14 hours a day on every business day of the year since then, that means he's been making money at a staggering million dollars per hour, around $300 per second.
Source: www.templetons.com...
Your idea takes away the will and desire to achieve success.
Is this one of those deals where you're currently making $8 per hour and your 18 years old? Are you just looking for a $10 raise here?
Becker
Originally posted by Becker44
reply to post by Portugoal
So true!
Let alone under Billy USA's plan we'd be paying about $36 for a gallon of milk and gas would be around $24 per gallon.
He's young, he'll come around if we can keep the cans of spray paint away from him.
Beckeredit on 13-11-2010 by Becker44 because: (no reason given)
Originally posted by wcitizen
Originally posted by Portugoal
reply to post by williamAmerican
Capitalism serves only the elite. I like this plan.
secondedit on 13-11-2010 by wcitizen because: (no reason given)
Capitalism works just fine for those who work and those who risk by starting new businesses. Not for the lazy who go home, drink, take drugs or play video games all the time.
Poverty is the reward you receive when you fail to succeed in society.
In a hundred years, when the average person earns $1,000,000 per year, those lazy people will still get $0 so the spread between the poor and everyone else is always increasing.
Originally posted by williamAmerican
Its an IDEA to save some retirements . plus with this ...everyone is giving a chance even homelessedit on 13-11-2010 by williamAmerican because: (no reason given)