View Poll Results: Do higher-incomes work harder than lower-incomes?

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  • Yes, the higher-incomes work harder

    38 44.71%
  • No, higher-incomes don't work harder

    35 41.18%
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Thread: Do Higher-Incomes Work Harder than Lower-Incomes?

  1. #21
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    The very nature of this question is too black and white thinking. If you are poor, do you work harder or not as much compared to a rich person? What about the grey area? Is it fair to say that there are poor people that do not work hard? Yes. Is it fair to say that there are poor people that work 60+ hours a week? Yes. Is it fair to say that a rich person does not work hard? Yes. Is it fair to say that some rich people work very hard? Yes!

    I will give you two examples of a rich person either working hard or not working hard. I have a person from my high school class that is going to law school. He shared with me during our high school reunion that after law school he is going to start a venture capital firm. How is he getting money to fund this firm? His father. His father is on the executive board for Sprint. There are rich people that started a venture capital firm that earned the money required to start such a firm. This kid has his father send him all the money. That isn't really working hard.

    On the other side of the spectrum, during the days when I was doing remote desktop repair, I would run into people's homes ranging from the lower class to the ultra rich. This man was so rich (and not married) that he lived in a neighborhood where golf courses were literally down the street. You walked in his home and he had the works. Heated and cooled floors, networked window shades, and glass that would respond to the sun's light. And so I stated to ask, how did he get to this point?

    I can't remember exactly what he did, but he said it was an average for him to have fifty hour work weeks. He invested heavily in his retirement, and well it paid off. But he worked his butt off, to the point he said he had virtually no social life. And it showed, because he had no children and no spouse. I could tell he was very lonely living in that huge home all by himself.

    On the other side of the spectrum, you hear of single mothers working two part time jobs to put food on the table. You also hear of people on welfare opening their legs so they get more government money.

    What I am trying to show is this question is too black and white. You really have to examine the grey.

  2. #22
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    harder, not harder, smarter, etc; whichever it is, they have found a way to perform a more valuable service to others; which is why those others compensate them more.

  3. #23
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    My experience indicates that working harder generally improves your chances of greater rewards. But, my experience also illustrates the following:
    1) Working smarter is more important. And smarter includes things like predicting how it will make your boss look, especially if your boss screws up in a stupid unexpected way.
    2) Luck is more important than smarter.
    3) Very important is being in religious alignment with the most powerful organized religion based group where you work.

    So, itís not generally true enough to say higher-incomes work harder than low incomes.
    Last edited by OhIsee.Then; 08-30-11 at 12:01 PM. Reason: spacing corrected

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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Poor people work hard. Rich people work smart.

    This is the difference of human capital. Anyone can push a broom or make change in a cash register. The number of people who can do what I do is significantly lower.

  5. #25
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    More effort results in more income than less effort, relative to the job that the work is done on.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  6. #26
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Cephus View Post
    More effort results in more income than less effort, relative to the job that the work is done on.
    I've had very many experiences where this was not correct. Getting along and not standing out was the most important. Especially true in my military experience.

  7. #27
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Gipper View Post
    Poor people work hard. Rich people work smart.

    This is the difference of human capital. Anyone can push a broom or make change in a cash register. The number of people who can do what I do is significantly lower.
    The number of people who can do what I did was very small. What was more important and caused me to retire at 55 was not being in religious alignment with the most powerful organized religion based group where I worked. What is also interesting is that my retirement from the official work force enabled us to qualify as rich, but not by doing what I'm best at. BTW, the chief scientist, a co-member of our group but a technical grade above me, out processed with me. He didn’t fit in either.
    Last edited by OhIsee.Then; 08-30-11 at 12:52 PM. Reason: Add detail, and why change the font?

  8. #28
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Well, when you work in the public sector, lines can get muddied a bit. It's the nature of the beast, and tends to only be the exception that defines the rule.

  9. #29
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Gipper View Post
    Poor people work hard. Rich people work smart.

    This is the difference of human capital. Anyone can push a broom or make change in a cash register. The number of people who can do what I do is significantly lower.
    I beg to differ on that one. Having worked with a very large number of people in retail, not everbody can make change correctly...even when the system tells you how.
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  10. #30
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Varying levels of idiot. Some people are math-deficient idiots, and some are "simple math only" idiots.

    Know what's funny? When you give a large bill to a cashier that inputs the amount incorrectly, and couldn't figure out how to give you proper change at gunpoint.

    That's another curse of minimum wage - even fools like this can get a job. Price floors are just obstacles for paying people what they're truly worth.

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