Why companies should consider doubling their wages overnight for workers.

[Yarddog]

Henry Ford and others did do that, and they are American heroes. They employed Americans of all religious background and racial background.

Ford motor company employed millions of Americans and boosted our economy.

We need another Henry Ford

Change your screen name to Henry Ford then. What were Ford's insurance costs back then? was he supplying benefits such as sick leave and vacation? My guess is that the cost to do business is so much more expensive today, and regulations are a big part of that cost. You're comparing to different worlds and were not even talking about energy costs.

 

[ThunderKiss1965]

Simply because Henry Ford and Ford motor company doubled the wages of their workers in 1917 overnight. They literally doubled the wages. It was what some called revolutionary. And what It did was it benefited everybody, benefited the employer, the worker, and the economy in general

And guess what the excuses are today people say if a company raises the wages of their workers it’s just “going to increase the costs for the customer”. Well, all you have to do is look at Ford motor company the example that was cited here. It can be done and it should be done. It will benefit everyone. There’s more cash flow all over the place and it’s benefiting middle-class people if it’s done this way. Even though costs may have gone up a little bit in the 1920s, so what everyone benefited from what Ford motor company did.

If Amazon doubled the wages of their employees guess what would happen. ???Just like it was with Ford motor company in 1917. Amazon employees would use the extra money to buy Amazon products.

Because of those companies like Ford, General Motors, and republic steel We had the strongest middle class in the history of the world and we had it for about 70 years…

Lets increase the cost of goods and service across the board, great idea.