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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (737253)	9/5/2013 1:57:02 AM
From: i-node	1 Recommendation Recommended By FJB Read Replies (1) \| Respond to of 1579068

Why do you need a link? It should be intuitively obvious, even to an idiot, that sales to employees would never have been a significant factor. By the time the Model T finished its production run there were more than 20,000,000 of them produced. Ford had something like 300,000 workers even after the plant by the river was opened, producing 10,000 cars a day. The comment has been misappropriated by the Left as some sort of "evidence" that higher wages create demand; the comment was made in a context suggesting only that if ordinary plant workers could afford to buy a Model T the car would proliferate, which it did, long before he raised the wages. I believe I pointed out to you the quote from your own link saying the predominant reason for the wage increase was to deal with employee attrition. Anyone who ever studied the business policy case, knows that the problem was he was trying to gear up the assembly line and knew it couldn't work without workers showing up consistently. It is a perfect example of free markets at work.