Saturday, December 05, 2009

Tiger Woods, Job Creator

Full disclosure: the guy posting this flunked out of the Accounting Department at Rutgers.

Tiger Woods is a job creator. Would Nike even have a golf division if Tiger didn't exist? Nike pays him millions because he moves product. People need to be hired to make and sell the product Tiger moves. Tiger, therefore creates jobs. Sadly, Tiger's current issues prevented him from going to the White House for the jobs photo op and tell this to a president who appears to be ignorant of these things.

Tiger Woods makes money for the other golfers he beats. There are many people (I am one of them) who only watch golf to see Tiger. Tiger sells more tickets and gets more eyeballs watching commercials. Tournaments get more revenue from sponsors and ticket sales. Organizers can raise the prize money. You may have finished fourth, but you made more money than if you finished third in a Tigerless world.

Two things I think of when I hear chuckleheads saying higher taxes for those making $250K per year or greater won't affect them. First I wonder which commandment talks about coveting what is not yours. Then I think, "You chuckleheads! Obama's taking money from the customers of your employer!" A central air system installed right starts at $5K. Fewer people are going to be able to pony of that kind of dough if they have to hand more over to the US Treasury. What does a tax increase on the rich mean to guys like me? Bye-bye overtime, and maybe 40hrs per week as well. And chucklehead wonders why he got laid off.

You guys who know more about this stuff are welcome to correct any faulty thinking I may have. Remember, I flunked out of Accounting at RU.

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