Wednesday, January 29, 2014
Michael Moore had an interesting little factoid today that we should keep in mind as we watch the garment rending over the minimum wage proposal for federal workers tonight: One hundred years ago this month Henry Ford began paying his workers a minimum of $15 an hour! (It was $5 for an eight hour day – which would be worth $116.48 now.) That's right – in a much poorer America, one without TV, radio, phones or House of Cards on demand, Ford could afford it. In fact, Ford later said, he couldn't afford not to: "The owner, the employees, and the buying public are all one and the same, and unless an industry can so manage itself as to keep wages high and prices low it destroys itself, for otherwise it limits the number of its customers. One’s own employees ought to be one’s own best customers." Tell THAT to anyone who says we can't afford a minimum wage of $15 here in 2014 – 100 years later, in a country about eight times as rich per person. The CEOs will scream and weep now just like they did then, and just like then they'll be wrong. Not only would it not destroy American businesses, it might be the only thing that can save them.
Wednesday, January 15, 2014
Science says the first word on everything, and the last word on nothing. Victor Hugo
Saturday, January 11, 2014
The notion that a radical is one who hates his country is naive and usually idiotic. He is, more likely, one who loves his country more than the rest of us when he sees it debauched. He is not a bad citizen turning to crime; he is a good citizen driven to despair. H L Mencken