To: DonaldC
We can't compete as long as we allow our "trade partners" to manipulate their currency exchange rates in their favor.
To: StolarStorm
True, that is a large part of it. But just on employee costs, American workers are at a disadvantage (Social Security et al). Something is needed to give some balance to the equation. Hire an American at $60 (wages and benifits included) or go to India at $20. Business will naturally gravitate to the cheaper cost, unless there is an incentive to do otherwise....:)
16 posted on
07/16/2003 11:04:10 AM PDT by
DonaldC
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