What decides wages?
What you and I produce
HERE IS ONE RULE OF NATURE that all the
governments, laws, unions and contracts cannot
change: a man can be paid only out of what he pro
duces, and the more he produces the more he can earn.
AND, that line "Factory wage per man-hour,"
shown in the chart at right, has gone up and up
only as American business has put better and better
machines to team up with American workers.
Machines help the worker produce more and so
525-What Decides Wages? What You and I Produce.pdf