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The difference is the kid who decides to be an electrician starts out at $13-$15 per hour as an apprentice. He learns about life and the need to budget and plan for a future the old fashioned way. The 19 year old who goes straight to the NBA is suddenly making $15 per minute traveling, living in hotels, with newspaper attention and public adoration and criticism beyond anything our electrician kid will ever experience. Most 19 year olds can't handle it. That's why the rule was changed to give kids another year to grow up and have a greater chance for success in life.
You can't really believe this, can you? You think the electrician in your scenario is better off?
Why do we let 18 year olds play professional hockey and baseball but not basketball?