Historically Ford Motor Company when it was a booming industry increased wages, reduced the work week in both days worked, and hours worked.
No company would create jobs at revenue loss.
The only entity that can hire people at a net loss is the government because they can print money, and tax it.
Companies/Corporations can't do that because they have to stay profitable in order to stay in business, so that they can hire people.
Thanks for proving my point. Nobody believes that job creation bullshit anymore. Iāll tell you what they do with tax cuts. They buy back their stock. Increasing it value. And it just so happens thatās how CEOs get paid in order to avoid paying taxes.
In some years ford has been unprofitable, and in the most recent quarter ford lost money.
https://macrotrends.net/stocks/charts/F/ford-motor/net-income
A video highlighting the pros, and cons of share buybacks.
