Joke:Justification for higher education
In answer to the eternal question "Is it better to be a jock or a nerd?", I submit the following:
Michael Jordan will make over $300,000 a game: $10,000 a minute, assuming he averages about thirty minutes per game.
Assuming $40 million in endorsements next year, he'll be making $178,100 a day, working or not!
Assuming he sleeps seven hours a night, he makes $52,000 every night while visions of sugarplums dance in his head.
If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there.
If he decides to have a five minute egg, he'll make $618 while boiling it.
He makes $7,415/hr more than minimum wage (after the wage hike).
He'll make $3,710 while watching each episode of FRIENDS.
If he wanted to save up for a new Acura NSX ($90,000) it would take him a whole twelve hours.
If someone were to hand him his annual salary and endorsement money, they would have to do it at the rate of $2.00 every second or it would take more than a year.
He'll probably pay around $200 for a nice round of golf, but will be "reimbursed" $33,390 for that round.
Assuming he puts the federal maximum of 15% of his income into his tax deferred account (401k), he will hit the federal cap of $9500 for such accounts at 8:30 a.m. on January 1st, 1997.
If you were given a tenth of a penny for every dollar he made, you'd be living comfortably at $65,000 a year.
He'll make about $19.60 while watching the 100 meter dash in the Olympics. He'll make about $15,600 while the Boston Marathon is being run.
While the common person is spending about $20 for a meal in his trendy Chicago restaurant, he'll pull in about $5600.
Next year, he'll make more than twice as much as all of our past presidents for all of their terms combined.
Amazing isn't it?
...BUT:
JORDAN WILL HAVE TO SAVE 100% OF HIS INCOME FOR 270 YEARS TO HAVE A NET WORTH EQUIVALENT TO THAT OF BILL GATES.
NERDS RULE! NERDS RULE! NERDS RULE!
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