(8: Quotes)
Dilbert’s “Salary Theorem” states that “Engineers and scientists can never earn as much as business executives and sales people.”
This theorem can now be supported by a mathematical equation based on the following two postulates. As every engineer knows:
Power = Work/Time
Since:
Knowledge = Power
Time = Money
Knowledge = Work/Money.
Solving for Money, we get:
Money = Work/Knowledge.
Thus, as Knowledge approaches zero, Money approaches infinity, regardless of the amount of work done.
Conclusion:
The less you know, the more you make.
- In 1979 consumers could choose from only a handful of credit cards; now there are around 1,300
- Since 1979 the amount of unsecured consumer credit in the UK has increased elevenfold
- In August 2000, the amount of unsecured consumer credit outstanding in the UK stood at £122 billion - equivalent to £3,425 for every adult between the ages of 18 and 65.
- In 1980, debt did not figure in enquiries to Citizens Advice Bureaux; in 1999/2000 CABx handled one million new debt cases
- Enquiries to CABx on consumer debt have almost doubled within the last five years
- CABx regularly report unsecured debts per household in excess of £20,000
Quoted from Daylight robbery: the CAB case for effective regulation of extortionate credit, is available from the Social Policy Department, NACAB, Myddelton House, 115-123 Pentonville Road, London N1 9LZ, England UK. (Price £6)