Wednesday, August 14, 2002

Geee.... How Come?

Folks,

The Friday, Aug 2 Wall Street Journal on page B6 has an article on Nike's
defense of a false advertising claim. The plaintiff claims Nike lied when it
said it was not exploiting Vietnamese workers.

Nike has been pulling out of Indonesia due to political instability there
(the managers and merchants tend to be of Chinese ancestry in SE Asia, and
instability means they suffer greatly).

The article mentions Nike is expanding in Thailand, where "most
interestingly...the wage is nearly twice what it is in Indonesia..."

Well, duh! Wages are not a factor in international trade. But you knew
that, since you are better informed than Wall Street Journal reporters.

John


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