Wrecker Friendly Economics at Play
True story...I forget about it and then I'm reminded once again. Henry Ford paid more than the prevailing wage to his workers. Jobs in his plant were the most sought after in the early part of the twentieth century. People lined up by the thousands to be hired. Why did he do that? Because they couldn't buy his cars unless they made a decent wage. Duh!
Sometimes, but not always, the old ways are the best ways. This is one of those...
Thanks for the link! you may be interested to know that the same post is up on the discussion board at Motley Fool; http://boards.fool.com/Message.asp?mid=26374808
ReplyDeletebtw, it took almost ten tries to get to comment here, don't know why.