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I think his argument is that it would not be a waste of time for the intern who would gain some experience, skills and resume building if they had nothing bette
by rapind 17y ago
I think his argument is that it would not be a waste of time for the intern who would gain some experience, skills and resume building if they had nothing better to do. However the profits for his business would not be enough to justify minimum wage. I don't think his net worth is relevant to the argument.
Regardless I agree with the gov, which I stated in a previous reply.
- pradocchia 17y ago> However the profits for his business would not be enough to justify minimum wage. I think he gave the game away here: One silver lining of a “great recession” that we are now in is that there are a lot of incredibly talented people without jobs, or who have lost their jobs....I thought we could assemble a talented group who would enjoy the internships and could also gain valuable experience to add to their resumes. ie, expectations dashed. Nevermind the cost of labor, though: it's obviously worth his time to try to get this effort off the ground. Why? Brand promotion, of course! Sure, there might not be any directly attributable revenues, but it is very disingenuous of him to claim that he thus cannot afford to pay his interns. cake: have | eat, pick one.
- apotheon 17y agoSo . . . the fact you don't want him to be able to benefit from an internship is good enough reason to make sure the would-be interns don't get to benefit from it either. Is that it?
- pradocchia 17y agoNot at all, it could be very beneficial to all parties. More power to him and the free market system. But his concern for the betterment of the interns is just sanctimonious prattle. He doesn't like to leave money on the table, and he's peeved that the government will prevent him from getting the best price possible.
- apotheon 17y ago> He doesn't like to leave money on the table, and he's peeved that the government will prevent him from getting the best price possible. Actually, from what I read, it seems like he's peeved that the government will prevent him from creating those jobs in the first place -- because without unpaid interns, the whole project will become nothing but a gigantic money pit.