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If you lived like a Laotian your cost of living would be more comparable.
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If you lived like a Laotian your cost of living would be more comparable.
Well, as Sec. Clinton said in 2015, the problem is American wages are too high.Actually, it's not strictly because of unions. The cost of living is simply higher in the USA than most other countries. While a living wage may be $13-18/hr in the USA (depending on locale), it may be 75 cents in Vietnam or Laos or China. If a worker in Vietnam can do the job just as well as the worker here, why wouldn't you go to the Vietnamese worker?
In this regard we are the victim of our own wealth. Even without unions we would not be able to compete.
If you lived like a Laotian your cost of living would be more comparable.
Who needs food when you have patriotism?
I'm just trying to get my portfolio to recover from 8 stagnant years of Obama's economy, where I didn't even cover inflation.
Yeah! Americans should be clamoring to pay $40 for a t-shirt or $1700 for an iPhone.Hardly anything is made in USA anymore. Instead its made in china. People should be wanting to reverse that trend.
I agree, however even our top of the line stuff is also made in china, not just the junk stuffTruth is that we do not need China. Their cheap labor and unfair trade practices have all but destroyed America manufacturing.
China makes cheap junk but they take away jobs from Americans.
So what then is the real cost of trading with them?
Fair deal or NO deal
So making everything in china fixes america how?
Truth is that we do not need China. Their cheap labor and unfair trade practices have all but destroyed America manufacturing.
China makes cheap junk but they take away jobs from Americans.
So what then is the real cost of trading with them?
Fair deal or NO deal
I wrote nothing even vaguely resembling that so your "question" is a straw man and thus doesn't warrant a serious response.You are avoiding the question. Making everything in china fixes america how?
No.I get that, perhaps you could still answer the question anyway?
Some seem to think we're the only trading partner they have.Remember that the good news in all this is that China gets to establish and seek out new sources for goods all over Asia and Europe! Then Americans don't have to worry about trading with China so much.