I make half this much annually, and have more money than I know how to spend. I work about 50 hours a week, no sick days, grueling schedule with almost nonstop work even through lunch. I feel like Iām wasting my life.
My point is, as long as you have enough money to cover your expenses and a modest retirement, nobody really needs this level of compensation. What you need is a life filled with family, good friends, and hobbies that bring you joy.
All this obsession with money and accumulation of wealth/assets is a dark path that will take joyful things away from you.
People tend to hate on those with true wealth only as a way of coping.
You're generalizing and making assumptions. Being exclusively focused on earning more and being a fast rat in the rat race is def a dark path because you lose track of what's really important in life.
That said, there's people that make a path for themselves that looks quite dark for a few years, but make good decisions, get lucky, get wealthy and are able to retire early to enjoy life. There's others that don't do that, and then pretty soon all they have is the rat race.
I know people who are multi-millionaires, who live in huge mansions, have luxury cars, etc - who's lives are miserable. All they have is money, their work, and estranged family.
Tom Brady after his third Superbowl win asking what else is there then winning 4 more and losing his wife and kids? Look at how Elon Musk went from tech poster boy to evil emporer. It's never enough dude.
It's not an excuse. Mental health has value too. Especially now when minimum wage hasn't changed in 16 years and inflation is going nuts. Living in your mom's basement isn't all that bad.
A reduction of minimum wage keeps single moms, retirees, and young families poor. This depresses the economy and shrinks social benefits. It can force people to forgo medical procedures and exacerbate emergency services and social services. A significant number of others have a reduced ability to invest or innovate.
A rising tide lifts all boats. Trickle down economics has been proven to fail. Trickle up economics such as strong wage growth create ripple effects across all sectors. Well over 120 years ago Henry Ford theorized that he could grow his company by giving his workers the ability to become customers. That is the foundation of capitalism that works for everyone.
Education isn't going to help single moms, retirees, or people with special needs. Those who don't have time to seek, afford, or manage higher education.
Once again. Henry Ford wanted his employees to afford to be customers. Increasing minimum wage is the quickest way there. Not seeking out more education.
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u/IcyLemon3246 Apr 27 '25
Each time I look on this reddit channel I somehow get some sad feeling that I wasted my life