- Joined
- Jun 3, 2009
- Messages
- 30,870
- Reaction score
- 4,246
- Gender
- Male
- Political Leaning
- Very Conservative
To enable consumers enough disposable income after living expenses, today including the most expensive health care system in the world, to be able to buy their product.
Henry Ford discovered this many years ago. Some are still learning. :sun
Henry Ford had to pay his employees such high wages because he had only mind-numbing work. Do you know the turnover in those jobs even with the high wages? It was incredibly high.
Besides, if you don't price labor based on its subjective value, someone else will, and that person will provide lower prices for consumers. You are for lower prices, aren't you?