Henry didn't have any low wage Asian competition.
Chuck Norcutt
On 12/5/2011 12:22 PM, Bill Pearce wrote:
> We have lost our way. The key to success was Henry Ford. He realized that
> workers should be paid enough so that they could buy the company's product.
> Wages raised, thousands of model T's sold. Now, we try to reduce workers
> wages to the minimum, and guess what, people not buying. Listen more to
> Henry, less to the Koch Brothers, that's my advice.
>
> Bill Pearce, who realizes the model won't work for Boeing.
>
> -----Original Message-----
> From: Andrew Fildes
> Sent: Monday, December 05, 2011 2:19 AM
> To: Olympus Camera Discussion
> Subject: Re: [OM] Kodak's long fade to black - latimes.com
>
> Well, you could construct a model where the orderers and flippers were
> consuming burgers during their non-working hours.
> That might work.
> In fact it could be a suitable analogy for a tertiary economy as a whole.
> Andrew Fildes
> afildes@xxxxxxxxxxxxx
>
>
>
> On 05/12/2011, at 4:30 AM, Chris Trask wrote:
>
>> You cannot have a viable, stable, competitive economy when half of your
>> work force is processing online orders for hamburgers that are flipped by
>> the other half of the work force.
>
--
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