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The answer is so obvious I find it strange that Powell is confused. Globalization. No one is going to pay workers here more when they know that workers are ge
by codexon 8y ago
The answer is so obvious I find it strange that Powell is confused.
Globalization.
No one is going to pay workers here more when they know that workers are getting paid $2/hr in China or Cambodia.
- closeparen 8y agoThe effect isn’t isolated to low-skill manufacturing.
- codexon 8y agoI agree. It is harder for people to argue against the logic for manufacturing which is why I only mentioned that.