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by Bombthecat 3703 days ago
How else do you want to compete with Korea, China and Japan with there cheap workforce. There is no other than to dump down massively on social nets and wages.
3 comments

Their work forces are increasing in cost. Savings are starting to shrink.

http://fortune.com/2015/08/27/tech-manufacturing-relocation/

Tarriffs, the way nations have peacefully defended their citizens for centuries.
Huh? Japan's workforce is among the most expensive in the world. There's a reason Japanese automakers have opened assembly plants in the USA and Mexico: the labor's cheaper.

Korea isn't all that cheap either, probably roughly equivalent to the US.