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To: faithhopecharity
"But they don’t really pay their imports from the PRC very low wages.

I'm sure they don't initially...they have to payoff their immigration attorneys, probable student loans, as well as rent, in what is probably a region with overpriced real estate (Bay area, etc). But the company obtains value from that locally...
48 posted on 01/13/2015 6:21:19 PM PST by indthkr
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To: indthkr

one additional ingredient...
many, many of the Chinese immigrants bring all-cash to purchase those hyper-inflated little used tract houses you referred to...... you know, the $6,000 shacks of Yore that the Chinese all-cash bidders (mostly) have pushed up to $2 million?

so a lot of the PRC imports don’t need the very highest wages here.... but still and all, the companies don’t seem to pay them noticably less ... the firms just love to hire them in preference to Americans, is all....

another thing to consider.... (and this may be a benefit for America generally, you decide)... a few years back the local sh*t-rag (”newspaper”) reported that the majority of new startup companies in SillyCon Valley are now created and run by (mostly) immigrants from the PRC

there’s a lot going on. Its just that, whether you look at leadership or management or technical level hiring, Americans are increasingly excluded

A fuller analysis (exact reasons) escapes me. Sorry. Just observing ...is all ... and its been well-known for years....just getting more so in the last 4 or 5 years, is all.


51 posted on 01/13/2015 6:30:15 PM PST by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..)
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