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Hard work just isn't the only component.
While I do feel the minimum is far too low, I still believe ability, knowledge and talent where it's needed should be rewarded.
Not that it always works that way either.
Hard work is what develops talent and accumulates knowledge.
Too many people act as if hard work starts when you reach the work force. That hard work in high school/college doesn't matter. It's the equivalent of saying that hard work only matters Wednesday through Friday of life, that you can be blas