Quote:
Originally Posted by threefootputt
Paul Samuelson, U of Chicago economist, coined the phrase “dollar votes”. People vote with their dollars. Athletes would not be paid these amounts unless there was revenue to support it. It is what people perceive as value. The same people who balk at paying an additional two millage increase in taxes in order to pay teachers more don’t hesitate to spend $15-$20 for beers at the stadium. The same people who object to assistance for mental health continue to buy their favorite player’s $150 jersey. They are exercising their votes on their priorities by using their dollars.
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Like I said, " our values are out of whack "