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by CraigJPerry 2014 days ago
>> To compete, you really do have to cut minimum wage. You have to loosen regulations

That’s not what Germany has done but there’s little doubt that Germany’s manufacturing ability is held in a higher regard globally.

So i challenge the “have to”. It’s the unproven talk of a particular tribe but i stress unproven since economics is a social science. That means there’s lots of science but is fundamentally stories we tell each other and not akin to, for example, the unassailable truth of gravitational pull.