AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (8 comments)

  1. How DUMB!
    You don’t think the players “earn” enough? Geez, how many years worth of “regular” salary do they get for a few years of PLAYING?
    They ought to be REQUIRED to take a class in financial survival and maybe even have a guardian put over them (yeah, too many are too dumb to manage their own affairs) to help them not go broke so fast.

    1. He’s saying they spend so irresponsibly at such a high quantity that it actually stimulates the economy.

      I could be wrong, but I’m pretty sure this is a joke

      1. No one ever said that aggregate spending in the economy was only for necessities or even actual “needs”.

        Witness the make-or break season for many retailers – Christmas and the toys and pure junk that are bought that do wonderful things for the economy.

        that’s the really funny thing about this idea that the free market allocates resources “efficiently” and the govt does not.

    2. Dave Thomas

      You just totally missed the point and you don’t even realize it Stevor.

      “How DUMB!”

  2. ” Many will use extra cash to pay off credit cards, get up to date on their mortgage, and retire other debts. ”

    well.. this money does not go into a black hole never to emerge…does it…???

    this money likely get re-cycled into other goods and services that get purchased – like a homeowner getting a remodel loan and then hiring a contractor and helpers who then buy sheetrock and flooring…

    capital formation, job creation, right?

  3. Yeah, sure, let’s just have unrestrained spending for athletes. Small market team? Fuggedaboudit. Let’s just award the championships to the big market teams before the season starts and do away with the drama while we’re at it. When one big market team can pay more in salary for one player than a small market’s entire team salary, the game is over. That’s why there are so many hopelessly poor baseball teams.

  4. Jim Kilpatrick

    Speaking of “How Dumb”, anyone who doesn’t see this as a spoof is the dumb one here.

    1. With the GOP and like-thinking GOP these days, it’s hard as hell to know whether they are advocating something as serious or not…to tell the truth!

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