[LZ_Bayonet]

" If Government was not there to pick up the slack, business would have figured out long ago that outsourcing was not in its long term best interest as it would destroy the Middle Class. "

I appreciate your comments, they are worth some thought.

The immediate thought that comes to mind is that Henry Ford established the $5 hour wage to that his employees could buy what they built, AND HE PROFITED FROM THAT. But if government had handed out money and millions more high paying government jobs had been created, he could have just as well had the products built more cheaply (overseas in today's terms) and PROFITED EVEN MORE.

[Graybeard58]

The immediate thought that comes to mind is that Henry Ford established the $5 hour wage

$5/day.

[1010RD]

Actually, Ford was acting rationally as a businessman. He faced 300% turnover at some positions and couldn’t keep skilled labor. His workforce wouldn’t stay in high labor Detroit. Thus his wage increase was simply a reflection of a tight labor market for autoworkers. That’s simply the free market.

Furthermore, Ford believed that union leaders had a perverse incentive to foment perpetual socio-economic crisis as a way to maintain their own power. He fought unions.