Quote:
Originally Posted by Minte
The only positive I see on the horizon and it is happening now, but slowly is that the average wage in China continues to go up faster than wages here in the US. Someday in the future the wages should/could catch up. Take away that huge labor advantage and the Chinese don't have anything else to offer.
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That's a bit silly Minte.
If China becomes more expensive, postnationalist corporations will simply move somewhere else that is cheaper. There will always be a bald spot on the planet somewhere due to famine, war, disease, overpopulation or whatever else and it's just as easy to have slaves put iPhones together in those places as it is in China. Waiting for Chinese wages to rise won't help. The only things that will help bring those jobs to the States are world wages rising (won't happen), protectionist laws with teeth (may happen), or developing our own bald spots here at home where people would be willing to work for Foxconn wages (look at modern Michigan)