On Wednesday 15 November 2006 21:31, Stephen the Cook wrote:
> Pete Theisen <> wrote:
> > On Wednesday 15 November 2006 18:55, Ricardo Aráoz wrote:
> > <snip>
> >> Am I missing something?
> > Hi Ricardo!
> > Well, yes you are. The wages will go up if they can only hire
> > American and sell American. But the high wages in this eventuality
> > are paid to Americans so the Americans will be able to buy the higher
> > priced goods and services. --
>
> Sounds like you are way off base Pete.
>
> As the wages rise so do the cost of goods.  That translates to higher
> prices at market.  You pay more.

Hi Stephen!

Henry Ford paid $5 per day for factory workers. He was the first to do it. 
Everyone told him that as well. If all the money isn't being sent overseas or 
across the border as it is now . . .
-- 
Regards,

Pete
http://www.pete-theisen.com/


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