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In reply to the discussion: NYT: How U.S. Lost Out on iPhone Work [View all]whathehell
(30,470 posts)13. Well, that's encouraging, at least, but tell me, how do you feel about industry in the UK?
"You also can't necessarily draw comparisons against different countries China in this example won't reach your wage levels until, if ever, they've got your standard of living"
Due in large part to the offshoring of our manufacturing jobs, China's standards of living are going up, while ours are going
down...
Just yesterday, President Obama just made note of a "rising middle class in China" the other day in announcing new US tourism
incentives.
The point is, if you PAY people more, they will be able to AFFORD more.
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Well, that's encouraging, at least, but tell me, how do you feel about industry in the UK?
whathehell
Jan 2012
#13
A couple of decades ago, that high-tech manufacturing was concentrated in the US.
AdHocSolver
Jan 2012
#12
Usual reason?...US workers have the "nerve" to want unions and/or a 1st world wage?
whathehell
Jan 2012
#4
Nope...It Sounds like typical corporate BS "reason" for hiring younger, cheaper and/or foreign
whathehell
Jan 2012
#15
To help the US economy, only the products sold in the US need to be made here.
AdHocSolver
Jan 2012
#10
Of course...Multi-nationals get away with this sort of thing by the poor around the world.
whathehell
Jan 2012
#16
How about a percentage of what the principals make. The point is starting a dialog.
Bonhomme Richard
Jan 2012
#36