Ford had it right: pay good wages
To the Editor:
A “trickle down” economy has not proven to serve us well. We need a “middle out” economy. Henry Ford had it right, paying a good wage so the employees could purchase the product.
The Bush tax cuts for the wealthy, and the Wall Street equity traders, hedge funds and venture capitalists have produced no significant job increases over the last 12 years. They create profits, but not many net jobs.
It is “customers” that produce jobs. The political debate should be about what is the best prescription for the economy and not the “social issues” that divide us. — Dick Culshaw, Little Falls