Yeah this whole defending cheap foreign labor thing feels kind of weird to me. I might just be showing my ignorance here, but isn’t the end-game for globalization about raising living standards around the world? By trading with developing countries, the investment develops their middle class and eventually their wages should catch up with ours.
It feels weird to see people saying that so much of the American economy is suddenly unviable when we have to pay livable wages. If that’s the case, that’s a bad thing, and it should change. Not that I think these tariffs are the solution.
Yeah this whole defending cheap foreign labor thing feels kind of weird to me. I might just be showing my ignorance here, but isn’t the end-game for globalization about raising living standards around the world? By trading with developing countries, the investment develops their middle class and eventually their wages should catch up with ours.
It feels weird to see people saying that so much of the American economy is suddenly unviable when we have to pay livable wages. If that’s the case, that’s a bad thing, and it should change. Not that I think these tariffs are the solution.