Wyatt earp
Diamond Member
- Apr 21, 2012
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Yes, Mr. Ford did not whine about minimum wages, he doubled autoworker wages.Ok? And again.....beautiful. You're proving that the free market operates flawlessly when left alone. Henry Ford was not burdened with government minimum wage, government regulations, and crushing government taxes (as I proved in the previous post) so he could do what all businesses want to do - invest in their own business and invest in their own people.
Idiotic progressive marxism sadly prevents that in today's world. So what do you do? Call for more of the idiotic policies that are creating the problems that you are whining about.
He didn't double it cash wise... Half of it was about making a quota
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The $5-a-day rate was about half pay and half bonus. The bonus came with character requirements and was enforced by the Socialization Organization. This was a committee that would visit the employees’ homes to ensure that they were doing things the “American way.” They were supposed to avoid social ills such as gambling and drinking. They were to learn English, and many (primarily the recent immigrants) had to attend classes to become “Americanized.” Women were not eligible for the bonus unless they were single and supporting the family. Also, men were not eligible if their wives worked outside the home.
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https://www.google.com/amp/www.forb...-you-think/?client=ms-android-boost-us&espv=1But in any case there is a fundamental flaw in the argument: Surely the benefits of low turnover and high morale in your work force come not from paying a high wage, but from paying a high wage "compared with other companies"
This is special pleading; a fifteen dollar an hour minimum wage competes favorably with the cost of social services, as a rational choice, opportunity cost.
You're comparing apples and oranges kid..
Welfare and entitlements are paid with tax dollars, the government can pretty much make the dollar amount any amount they wish..
Salaries are paid with profits, once it gets in the red.. No more jobs...
So again tell me you know about economics and not just about farytales and wishful thinking
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