Posted by oldtanker on August 12, 2012 at 19:34:13 from (66.228.255.239):
In Reply to: The decline continues posted by Kevin Roberts on August 12, 2012 at 09:56:10:
Quoting Removed, click Modern View to see
No high wages do in fact force companies to move operations off shore. If you make a TV here at US labor cost and I have mine built in Korea you are not going to be able to come close to my prices. Can't compete, lose money go broke and the business gets broke up and sold for pennies on the dollar. Everyone loses. The upper management, mid managers, supervisors, workers and anyone who may own stock in the company. Just the way it works.
You can lay some of the blame on people who only pick an item based on cheapest price with little or no reguard of quality.
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