Quote:
Originally Posted by Outofdodge  Explain to me how a small US maker of specialty fishing tackle can lay off an entire US non-union labor group with an average wage of 13.00/hour, move production to China at an average wage of 2.50/hour and raise prices for their premium product? | If the market will let them sell their premium product for a higher price and they can still move that product then I guess the market forces have an impact on that. As far as moving the company to China and paying the workers 2.50 instead of 13.00 and more than likely less taxes and benefits paid also...increases their profit, minus what it takes to ship the stuff back to the U.S. to be sold. Lets see...a business increasing their profits...Sounds like they are using globalization to increase their profits. Is that a bad thing?
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LIBERALISM
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