Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Stillnutty passed away
Stock Tip: Be Worried. Workers Are Consumers. EmptyWed Feb 06, 2019 3:59 pm by Sad American

» UF2 Members Chat Thread: Part 3
Stock Tip: Be Worried. Workers Are Consumers. EmptyThu Mar 02, 2017 1:02 am by DesperateInRI

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Stock Tip: Be Worried. Workers Are Consumers. EmptyWed Mar 01, 2017 8:19 pm by DesperateInRI

» I see this board has been quiet
Stock Tip: Be Worried. Workers Are Consumers. EmptyTue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Stock Tip: Be Worried. Workers Are Consumers. EmptyTue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Stock Tip: Be Worried. Workers Are Consumers. EmptyThu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Stock Tip: Be Worried. Workers Are Consumers. EmptyWed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Stock Tip: Be Worried. Workers Are Consumers. EmptySun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Stock Tip: Be Worried. Workers Are Consumers. EmptyTue Jan 20, 2015 5:48 pm by Prof_NSA

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Stock Tip: Be Worried. Workers Are Consumers. EmptyFri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Stock Tip: Be Worried. Workers Are Consumers. EmptySat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Stock Tip: Be Worried. Workers Are Consumers. EmptyMon Oct 06, 2014 12:16 pm by oncemore

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Stock Tip: Be Worried. Workers Are Consumers. EmptyFri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Stock Tip: Be Worried. Workers Are Consumers. EmptyMon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Stock Tip: Be Worried. Workers Are Consumers. EmptyThu Sep 25, 2014 11:56 pm by pbrad009

Social Networks
December 2020
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

Calendar Calendar


Stock Tip: Be Worried. Workers Are Consumers.

Go down

Stock Tip: Be Worried. Workers Are Consumers. Empty Stock Tip: Be Worried. Workers Are Consumers.

Post by Guest on Sat Aug 20, 2011 9:20 am

Every CEO of every company that continues to squeeze payrolls (Verizon, are you listening? Ford?) needs to understand they're shooting themselves in the feet. Where do they expect demand for their products and services to come from?

They're doing the reverse of what Henry Ford did back in 1914 -- paying his workers three times what the typical factory employee earned at the time. The Wall Street Journal called his action "an economic crime" but Ford knew it was a cunning business move. With higher wages, his workers became his customers, snapping up Model-Ts and generating huge profits.

Many on Wall Street are scratching their heads, trying to understand why the stock market is plummeting. After all, they tell themselves, corporate earnings are still near record highs.
http://www.huffingtonpost.com/robert-reich/stock-tip-be-worried-work_b_931991.html

Guest
Guest


Back to top Go down

Stock Tip: Be Worried. Workers Are Consumers. Empty Re: Stock Tip: Be Worried. Workers Are Consumers.

Post by mistermunster on Sat Aug 20, 2011 1:55 pm

We the CONSUMING PUBLIC are the REAL wealth but the FOOLS on WALL Street don't get it. They have put paper OVER people as a priority without realizing that to MAKE paper they NEED people. We spend they make profit but they have made it to where CUTTING people MAKES PROFIT. That only goes so far as they are NOW learning.
mistermunster
mistermunster
Member

Posts : 847
Join date : 2011-02-19
Age : 58
Location : ca

Back to top Go down

Stock Tip: Be Worried. Workers Are Consumers. Empty Re: Stock Tip: Be Worried. Workers Are Consumers.

Post by TR11005 on Sat Aug 20, 2011 2:51 pm

Robert Reich wrote another must read article. It is consumers (workers) that create jobs, When you stagnate wages with large unemployment and many workers in debt. You have killed the Golden Goose.

Chinese workers can't afford to buy cars and appliances made there.

Put money into workers and unemployed hands then you will have growth. The rich will only create jobs when there is demand, not because they cut taxes!

CEOs income must be cut to face reality. If their business fails they will have nothing! Don't come crying to the unemployed.

TR11005
Member

Posts : 541
Join date : 2011-02-17

Back to top Go down

Stock Tip: Be Worried. Workers Are Consumers. Empty Re: Stock Tip: Be Worried. Workers Are Consumers.

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum