General Discussion
In reply to the discussion: Do you think a laborer who makes $150,000 a year with overtime is being overpaid? [View all]hfojvt
(37,573 posts)is the mindset of greed, with everybody trying to make more and more and more.
And I neither want nor need more money. I'd rather have more free time than more money.
Besides that, to increase my own, would automatically take away from the $150,000 worker. If the McDonalds workers all started getting paid $21 an hour instead of $7 well then the price of a hamburger would just have to triple. Same thing all through the economy. That money is not gonna come from nowhere. And that $150,000 worker would not be very happy if suddenly his $150,000 only bought half as much stuff as it used to. My own wage goes further because I buy stuff made by Chinese for 40 cents an hour.
Our per capita GDP is only $47,184. How do you think everybody is gonna get $150,000 out of that? You think our GDP needs to triple? Why? So we can buy even more cars and create even more pollution and congestion and traffic fatalities?
I think $47,000 is plenty if it was divided up evenly. But it is not, because some people are taking a million and others are taking $300,000 and others are taking $150,000, leaving only $30,000 and $12,000 for others.
No, we would be better off if we all said "enough" and shared more with others instead of all trying to live as large as we can.