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Joined 3 years ago
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Cake day: June 14th, 2023

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  • Keep letting cooperate owners buy more houses and not let a middle class grow.

    “The payment of five dollars a day for an eight-hour day was one of the finest cost-cutting moves we ever made." This quote indicates that Henry Ford saw the wage increase as a strategic business decision. It benefited the company by reducing labor turnover, improving efficiency, and potentially creating a new market of consumers for his cars. The $5-a-day wage was groundbreaking and significantly above the industry average.