[BMiles2112]

Since 2000, one in every six manufacturing jobs, 2.7 million, has disappeared. These jobs paid an average wage of $54,000.... with $53,000 and using the same machinery and technology as a U.S. factory – can employ 25 reliable, intelligent, hardworking Chinese at $1 an hour.
$54,000? Though I agree that the huge cost of unnecessary regulations and taxes on corporations is a problem, I think this wage is a part of the problem, too. Pay them $35,000 a year and you won't have anywhere near as many jobs being shipped overseas.

[Lazamataz]

Pay them $35,000 a year

Only if you reduce the costs of living in America concordantly.

Of course, this is called 'deflation' and is very destructive.

[A. Pole]

$54,000? Though I agree that the huge cost of unnecessary regulations and taxes on corporations is a problem, I think this wage is a part of the problem, too. Pay them $35,000 a year and you won't have anywhere near as many jobs being shipped overseas.

$35,000? It is still too much, the good salary in India or China is less than $10,000. Rasing the CEOs pay is another matter - it is an investment in the most productive individuals, it is never too high.

[ninenot]

I think the number $54K includes bennies.