Friday, October 21, 2005

Another Blow To The Working Middle Class

Ford is calling for Job cuts and plant closures, citing a projected loss of about 300 Million in this quarter (a reminder Ford posted a PROFIT of 1.2 Billion in the 1st quarter).

Henry Ford was not a nice man, but he was wise in many ways. He knew to make a product for the masses, his workers would have to make enough money to actually one.

This, very soon, may not be the case in the US blue collar work force.

No comments: