Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bentway who wrote (737072)	9/4/2013 12:42:43 PM
From: i-node	Read Replies (1) of 1578931

>> The higher wage turned Ford's auto workers into customers who could afford to buy Model T's. In two years Ford's profits more than doubled. This is stupid. It had nothing AT ALL to do with workers becoming customers, a favorite line of the idiot Left. The assembly line went into production on December 1, 1913 which is the reason Ford's profits went up. The only reason sales went up was that they could produce more, faster, because demand for the product was so high. The wage was raised the next year because workers not showing up for work caused the assembly line not to function. By paying higher wages they insured every position on the line would be filled every day, which allowed them to increase production and, as a result, sell more cars to what amounted to a de facto monopoly. The left's constant attempt to suggest that paying employees more money is generates more sales is pretty much like Pelosi claiming unemployment insurance payments are the best economic stimulus.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next