[A. Pole]

If we mandate a $5/hr minimum wage in the US, and the Chinese, who have no mandate, pay their skilled labor $1/hr, then how - without using a tariff, can a US company compete?

Also the wage competitive with China is not enough to pay the cost of living in America. It is not possible to pay workers LESS than they need for subsistence. Even Ricardo knew it. Before this point is reached, something will happen.

[RLK]

Also the wage competitive with China is not enough to pay the cost of living in America.

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The wages of an engineer there wouldn't be enough to allow for my gasoline and automobile insurance to drive to work.