Re: [Marxism] Inequality on the Diamond
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == On 12/2/10 10:44 PM, michael perelman wrote: At the time that we are about to preserve the tax cuts for the very rich, a New York Times article shine a nice light on the extent of inequality. At its high point, six decades ago, DiMaggio's salary came to $100,000. That was a lot of money in 1950, equivalent to about $900,000 today. DiMaggio earned about 30 times the median family income back then. Mr. Jeter, however, earns roughly 300 times as much as today's median family income -- assuming that the family has any income at all. With unemployment stubbornly stuck at 9 percent -- plus, many people are watching this battle of the millionaires with very cold noses pressed against the window. Haberman, Clyde. 2010. Fewer Millions for Jeter? Say It Ain't So! New York Times (30 November): p. A 23. http://www.nytimes.com/2010/11/30/nyregion/30nyc.html?ref=clydehaberman I am a Mets fan so all the controversy over Jeter doesn't involve me that much. But as a listener to sports radio stations in NYC, you can hardly ignore all the chatter over Jeter being slighted by the Yankees for being offered only 15 million dollars per year in a 3 year contract. Of course, the Steinbrenners are far more greedy than any baseball player they pay. But the whole thing really makes your flesh crawl. With such mammoth suffering in NYC, the idea of Jeter feeling resentful really makes a lot of people like Vinnie from Staten Island aggravated. Here's an article on Jeter selling his apartment for $20 million. http://www.huffingtonpost.com/2010/09/09/derek-jeter-lists-apartme_n_710534.html#s136787 Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Inequality on the Diamond
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Let's be careful. We're talking about the New York Yankees, not some jerkwater team headquartered in Queens, owned by that upstart Wilpon family. Since when is $15 million a year enough for somebody who made $21.7 million last year? Huh? Where's your belief in due process? In the old meritocracy? In tax free bonds issued by the city to support the construction of a private stadium? Goddamit, Jeter belongs in the Hall of Fame, and so does the Dead Boss, despite having been suspended from baseball twice. Hell yes, Jeter deserves more money. He pays some taxes in NYC, I think. Not sure, actually. Jeter's no hedge fund manager. No banker. No flim-flam asset backed security synthetic debt obligation CoCo bond hack. He's a shortstop for the winningnest franchise ever-- the team with the most championships. He works very had, 200 days out of every year, including Spring training, and the post-season, which the Yankees were eliminated from in the second round. He even gets dirty when he works! How can anyone doubt that Jeter is entitled to more? Look at A-Rod! And AJ Burnett. And CC. Look at P. Diddy. Jay-Z. Lady Ga-Ga. Madonna. Bono. Money. Now that's entertainment. The whole thing's enough to make you puke. And I say that as a long-time Yankee fan. I think I'll become an Oakland A's fan-- low payrolls, good pitching. Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Inequality on the Diamond
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == A guy I play basketball with -- I have not seen him for a while -- played AAA ball for the Yankees until Jeter replaced him. After that his career fizzled. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
