Thought for the Day April 28

TFTD 4/28

Variations of cross trickle economic theory is nothing new.

Henry Ford and his automobile industry began to find a place in the everyday mainstream because of the fact that he could meet a rapidly growing demand for cars with his implementation of the assembly line. Henry is the person credited with the creation of assembly line automobile manufacturing.

What Henry also realized was that he'd need a workforce to keep up with demand. So Henry did an unprecedented thing at the time: he offered a $5.00 a-day wage.

People by the thousands came to Michigan for this. So many came that the the town of Dearborn, Michigan, founded in 1836 grew to become a town that his workforce would have a place that they could live and raise there families.

He actually accomplished 2 things by doing these things with his workforce, and both are great examples of cross trickle economics.

Firstly, he created a loyal workforce who were paid enough to afford the stuff they built, his cars. Secondly, a community grew, where generation after generation could afford to live and prosper.

The reverberating effect was that schools, churches, saloons, barbershops, drugstores and diners and stores sprang up, each providing services, goods and jobs.

This is exactly how cross trickle economics works today.

When I hire someone to work in my cafe, they always come in on their time off and purchase something. They bring there family, friends... They are proud to work at my cafe and want to support it.

If things go bad, as they sometimes do and I have to let them go, I never see them again. They don't come back to buy my goods and neither do their friends and family.

I may not have replaced their job with that of a foreign entity, but the similarity is the loss of the cross trickle economic system,

What cross trickle economics do you practice?

Where are the parallels in "cross trickle economics" in your world.?