ST Alpha - "I was talking about my buddy's sailboat down in Virginia on a backboard..." (Reading a Post)

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In response to "So the guy that drives the truck that delivers the clothes to Saks spend less. So that's like .01% of the % that even shop at Saks." by JaxSean

I was talking about my buddy's sailboat down in Virginia on a backboard...

Posted by Dr.Vermin (aka Dr.Vermin) Aug 2 '10, 12:24

His was just a little 20-foot thing... he was not in that top 5%, but we saw a lot of super-fancy rich-people boats. There's plenty down in Seward, for that matter.

Imagine all the people involved in building, maintaining, and helping sail those big boats. Then all the people who distribute and pump the fuel it uses, maintain the dock it uses, manufacture the hull polish and barnacle-remover, etc...

I'm not arguing for letting the top 5% keep all their money or anything. But the ripple effect of their spending is pretty dramatic, IMO.

Responses:

Sure your exemple has an effect, but IMO it's nothing compared to 200 millions people buying peanut butter - Guigue Aug 2, 12:26 8
- Not the same, no... - Dr.Vermin Aug 2, 12:31
- There's a reason that there's such a thing a the Big Mac index - Reagen Aug 2, 12:29 2
  - hee -- nm - JaxSean Aug 2, 12:36
  - We should start the yacht index - Guigue Aug 2, 12:30
- "30 years of history prove otherwise, but it'll work this time by golly!!" -- nm - Don Homer Aug 2, 12:27 3
  - Yeah, those years under Reagan were horrible. If only we could've brought back Carter. -- nm - Strongbad Aug 2, 12:37 2
    - If only the mindset had stopped with Reagan. - Will Hunting Aug 2, 12:40 1
      - Sadly, you're right. - Strongbad Aug 2, 12:45

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I was talking about my buddy's sailboat down in Virginia on a backboard...

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