Originally Posted by
Avroman
Henry Ford didn't pay his workers the unprecedented sum of $5 to be nice or charitable. He did it because he knew that with that money his workers would then be able to buy is products, making his products that much more successful and profitable. American corporations have lost that lesson. Nobody thinks about "gee I've squeezed every penny out of my workers' wages, how come nobody wants my products anymore?"
We had a new record trade deficit just announced, $47 billion for April, higher wages in the US would just push more stuff overseas. This is not the same world as it was 100 years ago, where everything was made here.
It's hilarious to compare the two to begin with; we non-rev, we don't buy tickets (in general, of course there are a few that do).