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. #61
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by DaveFagan View Post
    The harder the work, the lower the pay. I'll guarantee that.
    Quote Originally Posted by Gipper View Post
    No...the more physical the work, the lower the pay.

    I wouldn't want to lift cinder blocks any more than the construction worker would want to come into my air-conditioned office and do this week's payroll and bank reconciliation.
    Correct me if I'm wrong, but a construction worker makes more than a burger flipper. I think this is a counterexample to both of these claims.
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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.
    That's how I see it, too. It's about production value and not how "hard" you work.
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Gipper View Post
    No...the more physical the work, the lower the pay.

    I wouldn't want to lift cinder blocks any more than the construction worker would want to come into my air-conditioned office and do this week's payroll and bank reconciliation.
    That is not true either


    The less skilled the work the lower the pay. Basically the higher number of people who can do the work of a particular field the lower the pay. Working in a meat packing factory used to pay well, but with higher levels of immigration, (legal and in the US also illegal) has made it a lower paying job, difficult, dangerous and one that most people do not want to do, but now lower paying. A skilled welder working on location can earn over $100 000 a year, over and above his expenses. The same for pipefitters working at large industrial projects.

    Skilled trades that take years to learn can earn large amount of money, the same goes for highly technical white collar positions (accounting, geology).


    Overall a position that is easy to learn, and has a large number of potential candidates will be lower paid
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Lord Tammerlain View Post
    That is not true either


    The less skilled the work the lower the pay. Basically the higher number of people who can do the work of a particular field the lower the pay. Working in a meat packing factory used to pay well, but with higher levels of immigration, (legal and in the US also illegal) has made it a lower paying job, difficult, dangerous and one that most people do not want to do, but now lower paying. A skilled welder working on location can earn over $100 000 a year, over and above his expenses. The same for pipefitters working at large industrial projects.

    Skilled trades that take years to learn can earn large amount of money, the same goes for highly technical white collar positions (accounting, geology).


    Overall a position that is easy to learn, and has a large number of potential candidates will be lower paid
    Well said. It's as simple as supply versus demand.
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    It's a very tough question to answer because there are a lot of subjective variables. Is somebody who spends 8 hours a day doing back breaking manual labor working harder than somebody that sits at a desk? Is somebody who has responsibility for the fate of a company, and has all the stress that goes with that, working harder than somebody who doesn't? Is it harder to convince somebody to buy a product or is it harder to carry 50 lb bags of shingles all day? There aren't really right or wrong answers to those sorts of questions.

    On top of that, the rich are dramatically split. Many of the rich don't work at all and draw their income from the labor of others through investments, so obviously those ones work much less hard than working people, but at the same time there are many high paying jobs that require extreme amounts of work. For example, a lawyer at a major law firm or a doctor will often work 70-90 hours a week doing incredibly demanding work. A CEO often works even more than that. So, I wouldn't say that the rich work harder, but I wouldn't say that they work less hard either. Depends on if you're talking about working rich or non-working rich, and it depends on how you define hard work.

    What I can say for sure is that the rich do not work proportionally harder. Somebody who makes $1m/year might even be working twice as hard as somebody who makes minimum wage to get $20k/year, but they aren't working 50 times as hard.

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

    Quote Originally Posted by Morality Games View Post
    I continually hear people expressing this sentiment, and it has never seemed true to me. If work is defined as "effort over time", then how could someone like Bill Gates live long enough to earn his fortune, relative to that enjoyed by other people? Many doctors, example, seem to put more "effort over time" into their careers, without ever gaining anywhere near the sum of money Bill Gates enjoys.

    Bill Gates obtained his wealth, not because of his own "effort over time", but because, in accordance with the conventions of capitalism, he networked himself into a position where he could compel others to sign a portions of their "labor over time" to him via contract. As long as this practice isn't pushed to its excesses, I don't have a problem with it, but getting wealthy through good networking is a significantly different process than earning your money through hard work.
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Morality Games View Post
    More like the reality you are getting at it at cross-purposes with the point I'm making.

    And there's a lot more to getting rich than that.
    Oh, you mean like it isn't easy?
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    No, on average I don't think that people who make a lot of money work any harder than those who only make a little. The salary difference is made up by a couple things. Generally people who make more are more educated (or educated in things that actually matter) and the ability to get that education is a bit of luck, a bit of desire, and a bit of hard work all on its own. People who make more (especially when we start talking about the super rich) are also simply lucky. For every Bill gates out there, there are probably a hundred, or a thousand, guys who were just as smart, just as educated, and worked just as hard, but just weren't as lucky.
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    Quote Originally Posted by Gipper View Post
    Um...yes. For all intents and purposes, anyone and everyone can push a broom. It's unskilled labor, and demands a wage due an unskilled laborer.

    It also has nothing to do with class. I'm middle class. I'm not some bourgeois lightning-hurler smiting the poor with my anger-bolts. I'm someone who went to college, paid my dues, and live a comfortable existence due to it, which allows these undereducated fleebs to pump my gas and take my money at Burger King.

    You also seem to forget that I speak in economic terms. You need to brush up on some stuff if you're going to have point-counterpoint. Things like "but that's not fair!" and "you're a classist!" are not legitimate arguments. Logic beats emotion every time out of the gate. You need another leg to stand on.
    You may need to brush up on your REAL WORLD skills as there are plenty of folks right now with sheep skins having to flip YOUR burgers and pump your gas.

    Again in the real world not everyone can push a broom. Kinda hard to do if you have no arms!!
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    Re: Do Higher-Incomes Work Harder than Lower-Incomes?

    I see no correlation between between how hard someone works and how wealthy they are. They tend to work smarter (like knowing what skills are in demand, networking with the right people, and being able to invest in such a way as to generate wealth while minimizing risk). There's a certain amount of luck involved too.

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