<BLOCKQUOTE class=“ip-ubbcode-quote”><font size="-1">quote:</font><HR>Originally posted by Moose:
[B]“The rich are not like you or me, -yes, they have more money.”
I don’t know made the quote, if it was F.Scott Fitzgerald [/B]<HR></BLOCKQUOTE>
IIRC, Fittzgerald said “The rich are not like you and me”, and Hemmingway replied “Yes, they have more money”.
In this case we are dealing with two different economic situations.
In Kelsy’s case (if I am interpreting correctly), her family has decided to spend some of their discretionary income on show horses. IIUC, they are not trying to run their horse activities as a profit making enterprise. The only economic constraint on how much they pay their grooms is (on one end) the prevailing wage for grooms, and (on the other end) how much they are willing to pay.
Similarly, if I hire a local teenager to muck stalls for me, I am constrained by “what teenagers are willing to work for” and “what it is worth to me.”
A barn manager or trainer is in a very different economic situation. If they pay their grooms more, they may have to raise the board they charge, which may make some of their boarders leave.
A family paying a groom only deals with economic elasticity (aka “supply and demand”) at one end. The barn manager has to deal with it at both ends.