A Quote by David Rolf
The vast majority (over 80 percent) of fast-food and similar low wage service jobs (
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Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
We didn't say that 80% [of terrorists], for example, or the majority or the vast majority, are foreigners. We said the vast majority are Al-Qaeda or Al-Qaeda offshoot organizations in this region.
80 percent of the Dutch jihadists who go to fight in Syria are Moroccans. 80 percent. They are 22 times over represented when it comes to street crime, and 60 percent of the Moroccan youth under the age of 23 has been arrested at least once.
Annual earnings in the fast-food industry are well below the income needed for self-sufficiency, and fast-food industry jobs are also much less likely than other jobs to provide health benefits.
Studies show that over 80 percent of Americans do not have their dream job. If more knew how to build organizations that inspire, we could live in a world in which that statistic was the reverse - a world in which over 80 percent of people loved their jobs. People who love going to work are more productive and more creative. They go home happier and have happier families. They treat their colleagues and clients and customers better. Inspired employees make for stronger companies and stronger economies.
I have adopted an 80/20 rule when it comes to my delicate relationship with food: 80 percent of the time, I make good choices; 20 percent of the time, I let myself splurge a little.
Of 472 civilian occupations defined by the Department of Commerce, only six are majority immigrant (legal and illegal). These six occupations account for 1 percent of the total U.S. workforce. Many jobs often thought to be overwhelmingly done by immigrants are in fact majority native-born: 51 percent of maids are U.S.-born, as are 63 percent of butchers and meat processors, and 73 percent of janitors.
The minimum wage isn't earned only by people working at fast food restaurants and in service industry work - the average income for positions like nursing assistants, preschool teachers and paramedics are all under $15.
This majority is working for America, and one of those ways is we have tremendously low unemployment. This economy has created millions of new jobs, and we are expecting growth this first quarter of somewhere higher than 4 percent.
I read something in the paper that really confused me the other day. It said that 80 percent of the people in New York are minorities. Shouldn't you not call them minorities when they get to be 80 percent of the population? That's a very white attitude, don't you think? I mean, you could take a white guy to Africa and he'd be like 'Look at all the minorities around here! I'm the only majority.'
Our tax plan by the way shows the vast, vast majority of Americans, upwards of 96 percent can fill out their taxes on a postcard.
Those externalized costs have always included labor. It is only the decline over time of the minimum wage in real dollars that's made the fast food industry possible, along with feedlot agriculture, pharmaceuticals on the farm, pesticides and regulatory forbearance. All these things are part of the answer to the question: Why is that crap so cheap? Our food is dishonestly priced. One of the ways in which it's dishonestly priced is the fact that people are not paid a living wage to process it, to serve it, to grow it, to slaughter it.
As far as the low-information segment of the population - the vast, vast, vast majority of which votes Democrat - if you are a progressive as Barack Obama is and you want to sell the direction you're taking this country, it's okay to call it great now 'cause you've got it moving in the direction of decline.
A general principle of good taxation is that similar jobs, and similar kinds of compensation, should be taxed the same way: otherwise, the government is effectively subsidizing some jobs over others.
Cities are responsible for the vast majority of the creation of the economy. They're also places into which we pour the vast majority of resources, the vast majority of energy and the places where a huge percentage of the decisions about how systems are built and how products designed, etc., happen.
In my father's generation, the product was 80 percent of what you were putting into the world, and your personal life was 20 percent. It now seems that 80 percent of the product I put out is silly, made-up stories and what I'm wearing.
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