$1.50/day has much more purchasing power in poorer countries. Any time someone makes such a statement, I can immediately tell they are ignorant on basic economi

$1.50/day has much more purchasing power in poorer countries. Any time someone makes such a statement, I can immediately tell they are ignorant on basic economics. The US also used to have low wages for entry level workers, as did every (no developed) country. That's how progress is made. You can't expect a poor farmer with minimal skills to start making $25 an hour. And what stats am I looking at? What stats are YOU looking at? Even if you believe the notion that real wages are flat (not true,) living standards have still risen drastically thanks to technology. Do you think technology gains just come out of thin air? No, they are driven by competition and the need to profit.