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Old September 14th, 2017, 03:36 PM   #1
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China-Like Wages Now Part Of U.S. Employment Boom

President Shameless Liar declares that he will make America great again. This article from Forbes Magazine shows clearly that this is impossible --- as long as capitalism exists in its present form.

China-Like Wages Now Part Of U.S. Employment Boom

Quote:
The lowest paid workers in that [Amazon] warehouse, assuming 30 hours per week, would earn around $18,000 annually, or roughly $7,200 more than the median Chinese worker....

Compared to the median wages in Beijing, a rich part of China, that $14.75 an hour hire working 30 hours a week is earning $442.50 versus Beijing's median wage of $329.53 per week. The fork lift operator at $12.75 is making $382, not much more the average guy in Beijing.

Worth noting, a one bedroom apartment in Fall River costs about $1,000 a month. A one bedroom apartment in Beijing is around $930. The working class in each city are having equally hard times affording median rents.
The absolute dictators of modern society --- billionaire Oligarchs --- have access to billions of workers which they can buy and sell for peanuts. It is a buyers' market for buyers of workers.

They fired American workers who made good wages as recently as the '90s, moved the jobs to China and other poor countries, made the American workers stew in unemployment and penury for a decade or two, and now the Oligarchs are bringing the jobs back to America at Chinese wages and benefits.

LOOK OUT, KID, THEY KEEP IT ALL HID !
--- Bob Dylan
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Old September 14th, 2017, 04:46 PM   #2
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Sorry, Auffie, I misjudged you.

I thought you could read.
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Old September 16th, 2017, 05:05 PM   #3
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What is this psychological quirk you have of constantly writing there is no link, when obviously there is a link? ---
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