The Thomas Paul Murphy Music Player

"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Tuesday, April 23, 2013

The Professional Sports Inflation Class Era 04 23 2013



The Professional Sports Inflation Class Era
What do the highly paid professional athletes in this country create?  They create an uneducated pool of wealth that can be offered discretionary services to.  But not only that they create and uneducated pool of the wealthy that are not as discerning with their money with regard to receiving value for it than the middle class was.  What does this create?  It creates great inflation or higher prices of goods and services for the middle class!  But what else does this uneducated wealth class create?  They are easy money customers and as such they do not need much innovation to complete a sale to.  Therefore not only have we had inflation because of them but we have also had stalled innovation because it was not required.
This creates easy money for those selling highly profitable items and services because they have a non discriminating customer!
You drive through the poor area of Milwaukee and you wonder if the independent contractor even wants to service them?  Or do they discriminate with regard to what customers they accept~ taking only the wealth class?  Does not the uneducated wealth class make the cost of common services out of their price range?  In terms of keeping up their homes?  And do the independent contractors like to “Soak”
them with a bill that is higher than it should be because they are not as educated too?
I can go on.  Usually the wealthy want to see that their children are educated to the highest level possible.  But do I have to ask if this professional athlete class places the emphasis on this that even the middle class did?
I have to ask if this class of wealth was created just because it was easy “feeding” grounds?
Should there be reasonable level salary caps with regard to all professional athletes?  I picture it this way you have kid that doesn’t like school and is a burden to the classroom and he becomes a rich professional athlete; what happened to the rest of that classroom?  Beat up, sold drugs to, victims of crime, poverty, pollution, etc.  We had a law that public employees of Milwaukee had to live in Milwaukee.  Would it be out of the question to say that professional athletes would have to live in the communities they were born and raised in?  It’s not so bad an idea if you are one, you could buy up three houses on the block and build your own nicer one in their place.  You could try and foster the living environment for them that allow’s them to safely reach their true potential with regard to education.

Copyright 2013 Thomas Paul Murphy
Originally published on 04 23 2013 at: www.themilwaukeeandwisconsinnews.blogspot.com

No comments:

Post a Comment