eagleseven
Quod Erat Demonstrandum
American blue-collar workers are screwed. Why?
The average world labourer increases their standard of living by out-competing American workers. They work harder and for less money, until they win their share of the industrial jobs.
In other words, for every American factory worker paid $40k a year, there are four Chinese/Indian/African factory workers being forced out on the street.
Likewise, fore every American factory worker forced out on the street, there are four Chinese/Indian/African factory workers who start making a living wage.
Why will the Chinese/Indian/African worker win? The alternative for the Chinese/Indian/African worker is severe poverty, possibly starvation. The alternative for the American worker is a welfare check that is bigger than the Chinese/Indian/African worker's entire paycheck.
Thus, the situation of blue-collar America will not improve, even as the economy recovers.
The average world labourer increases their standard of living by out-competing American workers. They work harder and for less money, until they win their share of the industrial jobs.
In other words, for every American factory worker paid $40k a year, there are four Chinese/Indian/African factory workers being forced out on the street.
Likewise, fore every American factory worker forced out on the street, there are four Chinese/Indian/African factory workers who start making a living wage.
Why will the Chinese/Indian/African worker win? The alternative for the Chinese/Indian/African worker is severe poverty, possibly starvation. The alternative for the American worker is a welfare check that is bigger than the Chinese/Indian/African worker's entire paycheck.
Thus, the situation of blue-collar America will not improve, even as the economy recovers.
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