The answer is so obvious I find it strange that Powell is confused.
Globalization.
No one is going to pay workers here more when they know that workers are getting paid $2/hr in China or Cambodia.
Globalization.
No one is going to pay workers here more when they know that workers are getting paid $2/hr in China or Cambodia.
It is harder for people to argue against the logic for manufacturing which is why I only mentioned that.