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

To: combjelly who wrote (956670)	8/15/2016 5:09:50 AM
From: Taro	1 Recommendation Recommended By FJB Respond to of 1588208

No, he wasn't stupid. I think that has been well established. No, Henry Ford was "clever" enough to write his infamous book "The International Jew", which more than inspired AH to write "Mein Kampf". Large pieces of Part 2 have been lifted almost word by word from Fords masterwork :) But then again, you didn't know, right? Do some more Googling, meister!

To: combjelly who wrote (956670)	8/15/2016 9:27:16 AM
From: Alighieri	Respond to of 1588208

For someone who claims to understand economics and business, you seem to lack understanding of basic facts. Or economics. Or technology. Or, well a large number of things. It's transactional thinking process...kind of like an accountant thinks...oh, wait, he is an accountant. Al

To: combjelly who wrote (956670)	8/15/2016 9:39:31 AM
From: jlallen	2 Recommendations Recommended By locogringo one_less Respond to of 1588208

LOL!!! What a hoot coming from Weiner boy!!!!

To: combjelly who wrote (956670)	8/15/2016 11:36:59 AM
From: i-node	Respond to of 1588208

"For Ford didn’t raise wages so that his workers could afford his cars. What actually happened is that he hired and then lost some 52,000 workers a year in order to have a stable workforce of 14,000. This obviously had vast costs in trying to hire and then train all of these workers: as well as the costs when they walked off the assembly line disrupting production. The doubling of wages to $5 a day reduced those costs by more than the extra pay cost him. Which is why he did it. We can go on to prove that he didn’t do it for the extra sales as well, as I did do back here. Car production in the year before the pay rise was 170,000, in the year of it 202,000. As we can see above the total labour establishment was only 14,000 anyway. Even if all of his workers bought a car every year it wasn’t going to make any but a marginal difference to the sales of the firm. We can go further too. As we’ve seen the rise in the daily wage was from $2.25 to $5 (including the bonuses etc). Say 240 working days in the year and 14,000 workers and we get a rise in the pay bill of $9 1/4 million over the year. A Model T cost between $550 and $450 (depends on which year we’re talking about). 14,000 cars sold at that price gives us $7 3/4 million to $6 1/4 million in income to the company. It should be obvious that paying the workforce an extra $9 million so that they can then buy $7 million’s worth of company production just isn’t a way to increase your profits. It’s a great way to increase your losses though." forbes.com