http://whippersnapper.wordpress.com/2007/06/15/a-more-fine-grained-anti-foreign-bias/ Wed, 23 Dec 2009 04:11:39 +0000 http://wordpress.com/ hourly 1 http://whippersnapper.wordpress.com/2007/06/15/a-more-fine-grained-anti-foreign-bias/#comment-7565 anamericanidiot Tue, 23 Dec 2008 02:03:13 +0000 http://whippersnapper.wordpress.com/2007/06/15/a-more-fine-grained-anti-foreign-bias/#comment-7565 Trading with other industrialized nations is less problematic not because of racial issues but rather because we are not competing with lower standards of living. How can a factory in the U.S. or Canada truly compete with one in China or Vietnam where wages run less than 5%. Consumers benefit with lower prices while MNC rake in the cash and poor third world workers are employed at wages barely able to sustain life. I've written two blogs on the topic so if anyone wants to hear more of my research and conclusions visit my blog. Trading with other industrialized nations is less problematic not because of racial issues but rather because we are not competing with lower standards of living. How can a factory in the U.S. or Canada truly compete with one in China or Vietnam where wages run less than 5%. Consumers benefit with lower prices while MNC rake in the cash and poor third world workers are employed at wages barely able to sustain life. I’ve written two blogs on the topic so if anyone wants to hear more of my research and conclusions visit my blog.

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