After using the phrase today in a different context, I just learned that “skin in the game” was coined by Warren Buffet to refer to investors who buy stock in their own companies. Not that I hate Warren Buffet, but it does make me feel dirty somehow.
I think what frustrates me about modern politics, is so many obviously illogical and contradictory statements go unchallenged. Sometimes it’s Democrats talking nonsense, these days it’s mostly republicans. For instance, that day a few weeks ago when all the republican talking heads got the memo to tell everyone that the “47% paying no taxes need to have some skin in the game,” a statement which, shockingly, seemed to go largely unchallenged. Since I have no doubt they will trot this out again, here are the OBVIOUS responses.