Do you actually believe that?
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How many Americans have an IQ less than 70?
most accurately diagnosed in the school years. assume it is a normally distributed trait in the general population and therefore 2 % the general population and therefore 2 % of individuals would have an IQ less than 70.
Those individuals could find employment in the fast food industry or a business like Woolworth. Oh wait you are happy to see those fail.
Whatever a person is capable of doing to earn a wage has value. Menial labor is needed as much as a neuro surgeon. You promoting businesses closing their doors only helps to increase homelessness.
Yes, I do believe it. I believe in the ingenuity of the human species, dedication, hard work, and self-improvement. Learning never ends. It takes sacrifice, commitment, and intent. With the correct mindset and opportunity, people can learn.
Of course, some things take a short period to learn, others take a lot more effort in terms of work and time. That doesn't mean they can't be learned, just that it's a larger cycle. I've tried cracking quantum mechanics for some time, just a basic knowledge, and frankly, I find the material very difficult to take in, it's been a while, and I know very little. But that's okay, learning isn't equal for all topics.
Why you're talking about people with a IQ of 70 I don't know. All people can learn.
I'm also not "happy to see [businesses] fail." That's just silly. I'm happy to see businesses that can not pay a minimum wage fail, for sure. Other than that, meet the minimum required of you, and you can sell as many burgers as you want - and good luck to you.
And your promoting people not getting a minimum wage as prescribed by the State is modern day slavery. The people won't be able to feed themselves, or pay for housing. Somehow, you think that improves the homeless situation. You say this when it's simple to find plenty of information on the working poor. You say this knowing that your tax dollars are gong on benefits for these people, effectively paying for the employer to exploit them. You say this knowing the number of homeless is already high. I'd rather a business paid the minimum as written in law - or end.
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All of that said - this has all become a little tit-for-tat, and I'm finding some of your comments come across as point scoring. I think you and I both know our point of view here, and that we have very different opinions around it. That's fine,in a healthy world, it happens. However, it's not really worth circling the drain on the topic. It's probably long passed time for you and I to stop going back and forth without any new actual content.
It is the job of the business owner to budget for their business. Typically, that means up to 30% of gross profit should go to wages. However, it would depend on whether you consider them a service industry or not. If you do, that goes up to 50% (McDonalds is partially a service industry, and partially a product company). If you're not making enough money to cover that, you go out of business. It's very simple.
Still, I don't think there's anything you and I will learn about each of our points of view, beyond what's already been written three or four times already (although I can't speak for you, of course). It's time for you and I to accept our stances, and stop having a dialog between us in the thread. IMO.