But maybe I'm mistaken. Maybe we don't send work offshore to lower cost countries to take advantage of wages lower than ours.
But maybe I'm mistaken. Maybe we don't send work offshore to lower cost countries to take advantage of wages lower than ours.
> Maybe we don't send work offshore to lower cost countries to take advantage of wages lower than ours.
Labor costs in the US are higher than in China, so this should and has happened anyway. You think it would happen to a larger degree and it could be correct. But it is a restricted perspective aside from the fact that not every work can just be outsourced to low wage countries.
it's not like lowering the minimum wage would change this much - if the cost of living is an order of magnitude lower in a third-world country, the labour costs are going to be an order of magnitude lower too
A first start would be to stop subsidizing the transportation costs through the US Navy and oil subsidies/tax breaks
But maybe I'm mistaken.
Couldn't tell you. Never heard of that study. It sounds like one study among so many that all indicate the same.
Maybe we don't send work offshore to lower cost countries to take advantage of wages lower than ours.
People DO send work offshore for that reason, and you know it. Why so childish? Why such pointless passive aggression? Why come out with that kind of nonsense bullshit? Grow up and have an adult conversation.
So the notion that raising minimum wages doesn't affect employment just doesn't hold water unless you study it in a very isolated environment, where the effects of it get washed out by the larger absorptive capacity of the broader labor market.
Overall unemployment isn't worse historically. Not sure why you cherry-pick youth as if it invalidates the overall stat somehow. But even that stat isn't worse historically.
You're going to have to work a lot harder to prove that those two facts are related than just saying them.
Perhaps you mean that the very lowest paid jobs are those that are outsourced? Are you talking about very low-wage factory jobs, such that people in China may be paid a few dollars an hour where the same in the US would be many dollars an hour? Or are you talking about IT outsourcing, which happens at values much higher than minimum wage?
If I have to guess your arguments and make them for you, then I don't really need you in this conversation at all, I suppose.