3 ms·
The US has a significantly larger consumer market. A lot of people would complain if they were unable to import cheap goods from China.
by Aunche 6y ago
The US has a significantly larger consumer market. A lot of people would complain if they were unable to import cheap goods from China.
- mc32 6y agoYeah but it means they don’t get paid as much either as there is no wage pressure at the bottom. You can’t have $5 T-shirts and also a $15 minimum wage.
- AnimalMuppet 6y agoYou can’t have $5 T-shirts and also a $15 minimum wage and low unemployment. You can have $5 T-shirts and a $15 minimum wage and no jobs, but nobody actually wants that outcome.
- Aunche 6y agoThe bottom earners aren't the people driving the consumer market. That's why they tend to advocate for protectionism.
- trhway 6y ago>You can’t have $5 T-shirts and also a $15 minimum wage. with $15 minimum wage there is no need for $5 T-shirts.
- mc32 6y agoI agree!