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Thread: Teens in Asia dominate global test; US stagnant

  1. #111
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by hjl1991 View Post
    Exactly. A football player generates more money for football. He does not contribute more to saving houses, lives, etc. He produces entertainment, and nothing more. My dog provides me with just as much entertainment.
    So pay your dog what you think its worth, and leave everyone else out of it.

  2. #112
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by US Conservative View Post
    The market suggests otherwise.
    The market is wrong.

  3. #113
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by Peter Grimm View Post
    The market is wrong.
    So whos right? Politicians? You?

  4. #114
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by US Conservative View Post
    So whos right? Politicians? You?
    Anyone who thinks saving human lives is more important than tossing the pigskin around.

  5. #115
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by Peter Grimm View Post
    Anyone who thinks saving human lives is more important than tossing the pigskin around.
    Im a Paramedic and have saved more people than the firefighters I work with. When can I expect a check from you?

  6. #116
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    Re: Teens in Asia dominate global test; US stagnant

    Man some people are so ignorant of market principles it amazes me.

    The market determines what is a job's value.

    If there were only 32 people in the world qualified to be a firefighter, then they would make $10 million a year.

    If there were thousands of people qualified to be an nfl quarterback, they would make $50 thousand a year.

    However, the situation is reversed.

    Value is a function of scarcity. Gold has value because there is only so much of it, and people want it.

    Firefighters, for all the good they do to society, are not scarce. Many people can do that job and are willing to do that job.

    NFL quarterbacks, who play a child's game in your eyes, require specific physical and mental skills to do their job, honed over years of playing the game.

    If anyone could do it, these guys wouldn't get paid millions. The reality is, you couldn't do it, so rather than simply acknowledge that they bring in tens of millions of dollars to the organization they work for, more than justifying their huge paychecks, you distort the basic fundamentals of the situation and spread economic ignorance.

    It has nothing to do with what society values. After all, we have plenty of firefighters, precisely because they get paid what they deserve.

  7. #117
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by US Conservative View Post
    Im a Paramedic and have saved more people than the firefighters I work with. When can I expect a check from you?
    Keep waiting.

  8. #118
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by StringBean View Post
    Man some people are so ignorant of market principles it amazes me.

    The market determines what is a job's value.

    If there were only 32 people in the world qualified to be a firefighter, then they would make $10 million a year.

    If there were thousands of people qualified to be an nfl quarterback, they would make $50 thousand a year.

    However, the situation is reversed.

    Value is a function of scarcity. Gold has value because there is only so much of it, and people want it.

    Firefighters, for all the good they do to society, are not scarce. Many people can do that job and are willing to do that job.

    NFL quarterbacks, who play a child's game in your eyes, require specific physical and mental skills to do their job, honed over years of playing the game.

    If anyone could do it, these guys wouldn't get paid millions. The reality is, you couldn't do it, so rather than simply acknowledge that they bring in tens of millions of dollars to the organization they work for, more than justifying their huge paychecks, you distort the basic fundamentals of the situation and spread economic ignorance.

    It has nothing to do with what society values. After all, we have plenty of firefighters, precisely because they get paid what they deserve.

    It's possible to understand market principles yet dislike them.

  9. #119
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by Peter Grimm View Post
    Keep waiting.
    But I thought it was a cosmic injustice? Give me some money to make things right. What do you do for a living?

  10. #120
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by Peter Grimm View Post
    It's possible to understand market principles yet dislike them.
    And its possible to not understand market principles and yet dislike them.

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