Mac-7
Diamond Member
- Oct 9, 2019
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The video points out that we can lower the cost of raw materials in several ways including energy production
And mining
But even if America matches china in the cost of raw materials there is still the issue of labor costs
China pays much less for workers than America pays
The chinese standard of living is lower than ours
Some misguided people here will say that American workers should make less
And/or that we need cheap migrant labor from the 3rd World
But I reject that idea
We need tariffs that close the unfair advantage that china enjoys
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