Here's the dirty "secret" of the globalism that's (largely) responsible for putting us in this position: You can't compete with global wages while paying local prices.
Globocorps know this. They tell us that we could compete if we were just willing to work harder, but they're lying, and they know they're lying. No matter how hard Americans work, they can't get around the fact that cost of living in China (or wherever) is a fraction of what it is in America.
This is starting to apply to white collar jobs as well (think tech being outsourced to India). The only ones who can never be outsourced are the ones doing the outsourcing, because they're the ones making the decision to outsource or not. Which is terribly convenient for them.
The rich are forcing the poor and middle class into a no-win position, then blaming them for losing.
Sep 17, 2021
at
6:09 PM
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