Quote:
|
many workers earn less than $17 a day.
|
and many earn more? Okay, let's do some comparison. The average salary for an engineer in China is $10 per day. Accountants, $7, and bakers $4. So the lower end factory worker assembing iphones makes as much as an engineer and an accountant put together. It sounds to me like China sucks, but it sucks a lot less if you can get hired to assemble iphones. As I mentioned before, I don't buy Apple because I don't like the way they treat their customers, but let's be fair in our critism - those employees are very grateful for the job.
The really bad thing is that some US leaders are using socialist / communist economies like Chona and Europe as examples of what they want the US to be like. The average income (PPP) in EU countries is $31,000. In the US, $48,000. How many times have you heard Obama indicate we should be more like Europe. Yeah, that's a great idea, let's all be $17,000 poorer.