Typical liberal bullshit.
You cannot compare wages between two nations with vastly different costs of living.
The FACT is that China wages are rising rapidly and it is not as attractive for assembly work as it was in the past. India is the new favorite destination for such work.
But liberals do this within the US and compare an $8 per hour job in New York with one in Arkansas.....vastly different costs of living.
But socialists see everything as one size fits all...if you don’t like it, then you must adjust to your one option.
Capitalism offers multiple sizes for you to choose from so you can find exactly what fits you best.
“But liberals do this within the US and compare an $8 per hour job in New York with one in Arkansas.....vastly different costs of living.”
And in line with that thought, I make a TON more today than I did in the 1970s - but I felt like I had a LOT more money then.
It’s not so much the inflow as it is the outflow. And when prices go up seven or eight times, even if your income increases four or five times - you’re still on the losing side of things.
In China, you work where they tell you to work. You live where they tell you to live.
“Capitalism offers multiple sizes for you to choose from so you can find exactly what fits you best.”
Right. Like buying slave labor in a communist dictatorship to increase immediate profits while cutting jobs for Americans.
If it’s more profitable for shareholders now, it must be the “best” thing to do...