alt Hacker NewsThe combination of minimum wage and immigration restrictions is the main driver of that.
If you could have Chinese workers on Chinese wages in American factories none of this would have happened. But that's not allowed.
The combination of minimum wage and immigration restrictions is the main driver of that.
If you could have Chinese workers on Chinese wages in American factories none of this would have happened. But that's not allowed.
To build things you also need a lot of people with education, know how and experience. You cant just bring low-wage workforce and expect to compete with China.
Let alone that to provide same quality of living to average chinese worker as they have in China their salary in US will have to grow 5-6 times.