Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mad Dawgg
So now instead of a higher standard of living argument we switch to Debt Load and some how corporations moving offshore is responsible for people charging to much on their Master Cards?

That and the outrageous National Debt accumulated by federal Deficit Spending. Gotta pay the Debt somehow, higher wages, taxes, etc. etc. Corporations don't want to do that, they merely view the American Middle Class as a market to plunder. Charge as high a price as the market will bear (even if its financed by debt) and knock the employees down to the lowest wages possible. The myopic idiots forget that the consumers need well-paying jobs to actually pay that debt. Henry Ford was a helluva lot smarter than any of today's globalist morons.

There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.

-- Henry Ford


68 posted on 06/27/2003 10:59:46 AM PDT by Willie Green (Go Pat Go!!!)
[ Post Reply | Private Reply | To 66 | View Replies ]


To: Willie Green
"Charge as high a price as the market will bear (even if its financed by debt) and knock the employees down to the lowest wages possible."

Yep that is the free market in a nutshell! And used to be we had all kinds of jobs in America until the unions and the government made it more lucrative to go offshore!

What do you expect from business? Atlas has shrugged and you want to pile more weight on his shoulders to remedy the situation!

Sorry, but the horse is dead now, dismount and look for another approach!

99 posted on 06/27/2003 12:39:59 PM PDT by Mad Dawgg (French: old Europe word meaning surrender)
[ Post Reply | Private Reply | To 68 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson