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To: rlmorel
Here's How To Fix The Economy(Henry Ford example)

So was Henry Ford a socialist?

94 posted on 10/26/2015 6:58:39 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Did Henry Ford pay his assembly line workers the same wage as his designers and top managers?


96 posted on 10/26/2015 8:43:14 AM PDT by rlmorel ("National success by the Democratic Party equals irretrievable ruin." Ulysses S. Grant)
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To: central_va
From the linked article (From Business Insider, which made me accurately predict the content of the article in advance of reading it):

The richest Americans and companies already have plenty of cash

The reason these rich Americans and companies aren't investing and "creating jobs" is that most American consumers (customers) are broke

Rich Americans actually don't "create jobs"--the whole economy creates jobs We've been trying the "tax cuts for the rich" approach for three decades, and it is making the inequality problem worse, not better

The problem with the economy is not inequality of income. The problem with the economy is the government encrustation of over-regulation and taxation on the hull of the ship of commerce.

97 posted on 10/26/2015 8:52:29 AM PDT by rlmorel ("National success by the Democratic Party equals irretrievable ruin." Ulysses S. Grant)
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