This is all great thinking on Ford's part but one piece stands out for me:
We try to pay a man what he is worth and we are not inclined to keep a man who is not worth more than the minimum wage.
I like Ford's approach but he would not be impressed with how restricting the ability to lay off low value workers has damaged our economy. People are even put off of hiring knowing that they might be paying higher unemployment insurance at the end of it, and Europe was dominated (and weighed down) by trade unions for a long time.
Comments
This is all great thinking on Ford's part but one piece stands out for me:
We try to pay a man what he is worth and we are not inclined to keep a man who is not worth more than the minimum wage.
I like Ford's approach but he would not be impressed with how restricting the ability to lay off low value workers has damaged our economy. People are even put off of hiring knowing that they might be paying higher unemployment insurance at the end of it, and Europe was dominated (and weighed down) by trade unions for a long time.