Instead of doing my homework this weekend I watched a whole bunch of videos. I am so behind now!! I am just not motivated to do my homework. Maybe I should just quit graduate school.

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Are the Rich Just Lucky?

In the ongoing debate about growing income inequality in America — the top 10 percent of families grabbed 43 percent of income in 2004 vs. 33 percent in 1980 — some have argued that America needs a more progressive tax system, both to share the wealth and to help deal with the government's long-term budget woes. When the Bush tax cuts on income and investments end in 2010, plenty of liberals and budget hawks will surely argue that they should not be extended. (This is going to be a huge issue in the 2008 presidential campaign.)

But those who want a flatter, less-progressive system argue that wealth, to a great extent, reflects productivity, and so more productive people should face lower tax rates as an incentive to produce even more. A more productive economy will grow faster, and that's the best way to deal with fiscal problems.

Consider this: What if it's luck rather than ability that plays the greatest role inof people's success? Some studies have shown that inequality among family members, people who share genetic traits, is not much different from that of the general population. Why should we subsidize the lucky with lower taxes?

But a recent study from Harvard University's Graduate Business School found that skill is indeed an important factor in success. The study looked at entrepreneuers, a third of whom are in the top 1 percent of American earners.

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I went out tonight and had a great time. Now it was time to eat!! Other than dessert, dinner is the best time of the night. I know! Get a life! So anyway... My bff and my daughter and I go to Lucky Strike. It is a nice restaurant with some bowling lanes and good food. We walk up and the guy says that after 7pm you need to be 21 to get in. I got rejected and turned out!

So we now decide to go downstairs to PF Changs. They have good chinese-american food; nice ambiance and linen. So we all order tea and get our own teapot. It was really nice. We order our food then this loud siren goes off and lights are flashing. No, we did NOT win a prize. That was the fire alarm. We thought that maybe someone didnt want to pay their bill so that pulled the alarm.
Shortly after that, the manager comes over and tells us that there was a fire in the kitchen and they cannot cook anything else for the rest of the night. So sorry for us... we will have to leave. WHAT?? We are getting kicked out again!? This is the second time in the same night. Now where are we going to eat? Maybe someone was trying to tell us something!? We were lucky enough to get 10 each to come back on another night and we did not have to pay for the tea.

I have been rejected before but not twice in the same night! ha ha! That was just too much. We ended up at a Yakitori place and we had nice meal. Everything turned out just fine!

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