China Now Comes to USA for Cheap Labor?

Re: [spiers] Re: China Now Comes to USA for Cheap Labor?

> ***Here is the part that I find hard to communicate.
> The cock crows before the sun
> rises, but it has nothing to do with making the sun
> rise. Labor rates may in fact be
> cheaper, but it is not the reason for the trade. If
> you study the trade patterns, it is
> clear there is a negative correlation between cheap
> labor and trade. In 3rd world
> countries, where labor rates are low, in fact the
> component cost of labor is high, for
> say baskets. We do extremely little biz with such
> producers.***

#####If the labor cost for a pair of Nike shoes made
in Indonisia is $1.20 and the same pair made in
Portland OR have a labor cost of $7.20, would that not
have an impact on where the shoe is made and what
country you want to make Nike shoes? Why are high
taxes different? A cost is a cost...right? How is it
that Ireland's tax structure can make such a
difference where labor costs can't?

Anthony

PS. Ireland doesn't have to support a huge military
industrial complex.

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