You have to put it into perspective, If you had to choose between 2 jobs that were identical, would you take the one that paid 70k? or the one that paid 73k?
That quote was more about potential hyperinflation. If hyperinflation hits, then 40 million dollars will be worth anywhere between 4 dollars and 4,000 dollars. In which case, the difference between 40 and 43 is nothing. But if we don't hit hyperinflation, 40 million is as good as 43 imo.
Personally it would depend. I would definitely not choose 73 over 70 just for the money. If we were to assume say the two jobs were in the same complex (so no extra commute or different cost of living) it would come down to the job itself, the company, the company's goals, it's outlook. (will it be one of the company's that outsource your job soon? Will it be one that can survive an extreme credit crunch?). I'm of the opinion that 20 percent of our workforce is expendable by the market. Why? Because they work in jobs that didn't exist before cheap and fraudulent credit, and won't exist after. Is this job one of these?
There's tons of questions to ask. Is the job harder? Which job give a more intrinsic value to it? Which is more upwardly mobile?
If all things were equal, I'd rather stay at 70, then leave for 73.
My dad used to work for honeywell. Great engineer. Won many awards including a GM excellence award. Well as an engineer he lost many jobs due to the economy and that time frame and he'd always get the 'we hate to lose you'. Well point is, one time, just once, he went the route of going for the better offer.
What happened? He thought he had already accrued his honeywell pension. Instead he left for the 'better job' 6 months early. Which gave more money, but was out of business in a few years. So yes money flashing in front of your face isn't everything. The one time my dad took it, he lost a pension. Just saying. There's 300 million of us, and more than 300 million different combos of what can happen. There are millions of ways collectively being greedy can backfire on you.
Dollar figures are but one metric, and not even the most important one. Especially if they are within 10 percent of each other.
As for the NFL, not every job is the same. Ask a player who's played for Detroit or in past years here in Arizona if their job here was identical to one with the Cowboys, Steelers, Patriots, etc.
Weather is a big issue. Personally speaking, if it ain't the desert, your weather imo sucks. Can't stand driving in rain. Snow? forget about it. You mean if I want to sign here there could be a 9.0 earthquake AND a volcanic eruption, AND huge Tsunami? Sorry Seattle I would never live there.
For some people, money is above all. I feel that's pretty stupid. But to each his own. However I've also seen many people 'go for the money', and then get burned and wish they hadn't gone after the money. I've seen it with regular jobs, I've seen it with sports players in general. How many times have we seen players remark how great life is and how much fun they are having AFTER they leave some place because their huge contract is up and sign somewhere else for the minimum or a couple of million?
Besides again we do this all for something that can be devalued overnight, MONEY. (not credits)
If they were the exact same job with the same circumstances and the only difference was 3k? Well again, those type of situations are few and far between. If you think your case is that way, odds are, you are missing something. You gotta go with what feels right. Are you giving up seniority? Are you due for a promotion? If none are true, then perhaps it is basically the same and you can risk taking the extra 3k. But I would want to be dang sure of everything.
But hey that 70k you work for might be the dump and the 73k might be the better place. But again, money doesn't make that decision. It's just along for the ride. You have to see the whole picture, and decide based on that. Making ANY significant decision purely on dollars and sense is idiotic (I'm not saying poor people eating ramen instead of hamburger type decisions).
It's pennywise pound foolish. It's like my dad and the pension. It's like how Robert $arver runs the team.
If you want to do something do it. If it makes sense, do it. If it's something you can build and increase your wealth or your companies profitability for the long term. Do it. Like our Arizona gov't. They want to SELL our gov't buildings....so we can LEASE them back.
This is the diametric opposite of my viewpoint. I'm more of the type to buy them back and save the money.
Football players can either chase the money, or they can accept a bit less and go to an awesome situation. For me, that choice would be obvious. When it concerns anybody signed in this off-season, what I see are players signing for top dollar no matter what the situation is, and it will probably bite many of them in the butt at least somewhat. (depends on the person how much it affects them). Thomas Jones to the Chiefs? Rolle to the Giants with bad weather? People choosing to leave for say 43 million instead of 40. People choosing to live and work somewhere else because of taxes?
I see a bunch of rich idiots who have been given their 20 pieces of silver. I can understand 5 million vs 40 million. But 40 vs 43, to me, is the same. I'll live the same life, buy the same things, send my future children to the same colleges, live in the same house, go on the same vacations, but I might not have that championship ring, or been to the playoffs 10 times, etc. Some get lucky, most do not. To each his own, but remember you reap what you sow. Where you end up is where your mind, feet, and heart take you.
