12-5-2011, 11:43 AM
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#13
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Very Grave Indeed
Join Date: Apr 2004
Location: Ontario, Canada
Age: 40
Posts: 10,098
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Re: An honest discussion about jobs in the United States.
I think Chaz's idea is that these new American jobs are going to the unemployed for probably minimum wage, not going to the currently employed at a higher rate of pay, so no, they won't become wealthier.
Intrinsic in his plan I hope, is the idea that the penalties for overseas labour are high enough that it is -cheaper- to pay an American minimum wage.
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