It was asked The daily wages of full-time workers more than doubled in 2013, a recent repost of Henry Ford’s January 1914.Chris Hesse sent me the following email. I share it with good will.
Let’s not miss the opportunity to take a better look at confirmation bias. Henry Ford used that claim to justify the mandated minimum wage, saying he raised wages so his workers could afford cars. Such a person often does not refer to Henry Ford as a “robber baron” as someone who supports workers. For all other purposes, Henry Ford is as evil as such people. Would you mention Henry Ford in another context? No: When the quote agrees with someone’s preconceived notions, it is seen as valid and evidence of their own opinion. This person would normally question any quote from such a successful businessman. Ford knew his audience.
In the year As you can see in 2013, the newly trained workers in assembly line techniques will be beneficial to the competitors. He raised wages because it was cheaper than paying to find and train replacements. We don’t need a federal minimum wage for the same reason. It seems that any warm body willing to work can find a job today, if desired. The fast food industry suffers from a lack of ingredients. Additional tasks are transferred to the customer (computer kiosk, self-service drinks, wait at the counter for your order). Unfortunately, the job is less desirable as welfare benefits decrease as the pay increases.
An unskilled worker may be willing to do anything for Ford to acquire skills that could be used by Ford’s competitors and other assembly line improvements.
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