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That was back in the day you trained and educated employees (to save money and built loyality). Back when they offered a living wage a single person could rais
by wolco 6y ago
That was back in the day you trained and educated employees (to save money and built loyality). Back when they offered a living wage a single person could raise a family with.
What happened? Free trade.
Cheap goods from other countries gutted the local industries. Hard to compete on price when labour costs are so different. The only jobs remaining become min wage or importing.
People not working as hard as a generation ago doesn't factor in.
- munificent 6y agoIt's important to remember that free trade is not the ultimate cause. Greed among the wealthy elite is. What happened is that rich business owners deliberately pushed for free trade laws as a way to circumvent the laws the labor movement got passed to protect people. They sold out American workers to increase their profit margins.
- andrekandre 6y agosaid in maybe a slightly different way: "free trade" allows for the free movement of capital, but not the free movement of labor which is stuck relatively immobile (except maybe from "cheaper" countries to the more "expensive" ones)