Postage stamps One Cent. New Ford $500. Average pay was $2.50/day, Ford paid $5/day so his uneducated employees could buy his cars.
Very smart man. GM and Ford, owned today by the dumb as a stump, PUBLIC, now have factories built in foreign lands using foreign labor to avoid USA labor and USA taxes. The US consumers made them what they are, and had no respect, until after summer ’08.
More food stamps, and more sub prime five and six year car loans, plus 8.625% sales tax, instead of 3 year loans. Sales tax used to be 3%. I think the loans were 3% too.