I don’t like to make predictions but it is not going
too far out on a limb to predict that in 2014 Democrat politicians from
President Obama on down will make “income inequality” a major issue this year.
Bill DeBlasio, New York City’s new Mayor, has promised to make “income
inequality” his number one priority.
It is certainly a hot topic since government
statistics seem to show that in the past few years the gap between the incomes
of the richest and poorest in our society has dramatically increased. Inevitably
such statistics, whether accurate or not, will be used by politicians, pundits,
and celebrities on the left to castigate the big bad businessmen, usually
white, who are oppressing the poor for their own benefit.
I will discuss these statistics in a future post but
for now I would like to make another prediction. In 2014 none of the critics of
“income inequality” will ever direct their criticism at significant favored
elites whose incomes put them in the top 1%. Entertainers, rock stars, and
athletes will be given a pass. For some reason their enormous incomes are not
signs of “income inequality.” Here are some examples.
New Year’s Day used to mark the height of the
college football bowl season. However, nowadays it is just part of the bowl
season that began early in December and will continue to the BCS championship
next week. I counted about 35 bowl games this season for a total of seventy
teams. If there are an average of
70 players on a team, there would be almost 5000 players involved in post-season
games.
By NCAA rules none of these players can be paid for
their participation. Sure they get a free ride in college and all the perks
that go with being an athlete on campus. But their salaries are zero while
their coaches now earn in excess of a million dollars a year. Just recently,
the University of Connecticut hired a new head coach with no former head
coaching experience. His base salary is $400000 but he will be guaranteed
various speaking engagements that will bring in over a million dollars each
year. In addition, he will collect substantial bonuses if the team attains
certain objectives. None of these objectives have anything to do with the
actual education of his players. I’m sure the salary of the new Connecticut
coach comes nowhere near that of coaches at traditional college powerhouses.
Only a tiny fraction of the 5000 players in the
bowls will have a chance of being drafted into the pros and ever making any big
money. Most of the remainder will probably not even graduate with a degree. Only
a handful will wind up with what could be remotely be called an education. The fact that most of these football
“slaves” are black will bother no one.
I know some will say that football programs bring in
monies that support the rest of the University. A few years ago UCONN played in
the Fiesta Bowl that should have been called the Fiasco Bowl since it cost the
University 13 Million dollars in unsold tickets. That cost was borne by
students and taxpayers. The UCONN coach quickly left for greener pastures at
the University of Maryland.
The income inequality in professional sports is even
greater. Will the President complain that quarterbacks like R.G. Griffin III of
his hometown Washington Redskins makes substantially more than the linemen who
block for him? Will Mayor De Blasio of New York do anything to cut the salary
of Yankee third baseman Alec Rodriguez who makes over $25 million per year?
What about Yankee hero Derek Jeter, a bachelor who currently resides in a 20000
square foot home in Tampa? Who will ever complain about that?
Of course, the President will never complain about
the celebrities who make much more than the CEOs of the despicable Wall St.
firms. On the contrary, he spends most of his time traveling around the country
soliciting these wealthy celebs for donations.
Here is last year’s top ten celebrity earners from
Forbes magazine. Oprah Winfrey, the idol of poor black women everywhere, made
77 Million although that was down from her previous year’s record of over 120
Million. Female Rock stars like Madonna (125 Million), Lady Gaga (80 Million),
and Beyonce (53 Million] were also on the top ten list. Country star Taylor
Swift only made 53 Million, a little less than teen idol, Justin Bieber. Even
an aging rocker like Jon BonJovi made 79 Million. Ellen DeGeneres, the darling
of the oppressed gay community, made 56 Million. Rounding out the top ten were
movie magnate, Steven Spielberg at 100 Million, and tennis player Roger Federer
(71 Million).
None of these people on the
top ten list produces any of the necessities of life for the poor or anyone else. They do not produce the
energy that heats and lights our homes. They do not produce the food and drink
necessary for our daily existence. They do not manufacture our phones, cars, or
furniture. They are more like parasites who live off the innumerable small
donations of their humble but adoring fans. For some reason even the poorest of
their fans don’t seem to mind reading about luxurious clothes, cars, and homes.
Democrat politicians, pundits, and media types will never include them in their
diatribes about income inequality. After all, they are cut from the same cloth.
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