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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (737104)	9/4/2013 1:51:04 PM
From: i-node	Read Replies (1) of 1578936

How about the link you posted, which says: While Henry's primary objective was to reduce worker attrition—labor turnover from monotonous assembly line work was high—newspapers from all over the world reported the story as an extraordinary gesture of goodwill. However, I would be remiss in not pointed out the ridiculousness of the claim that Ford thought by giving his employees raises, and thereby allowing them to afford to buy cars, he would make more money. Ford wasn't a stupid man. He realized that by paying more, he would be able to increase production. The concept of Churchill's man in a bucket, trying to lift himself by the handle, applies here.

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