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Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.


enraged_camel posted:

I'm not sure why the USA is special and should be spared from the global trend of downward pressure on wages.

You guys enjoyed your golden years after World War 2 and you prospered while other Western nations were rebuilding. Grats! That time period is behind us however. This is the age of global competition and you have to earn those jobs that everyone is competing for. The American Dream is over. Welcome to real life! Foreign companies have developed industries now, and they are marketing their much-more-cheaply-produced goods in America, which means American companies are under pressure to also reduce their costs. You can't have your Samsung Galaxy S5 and eat it too, you know.

Why do workers need to cross national borders to lower wages?

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Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.



What? If american workers really had no marginal value to companies then wages would fall without immigration because the companies would just globalize more. HB1s are just a naked wealth transfer to owners and the only thing the US has to get used to is billionaires with unlimited greed and fat media budgets.

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