gas over $4 is here! is $5 gas far behind ?
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From: Eeyore on 19 May 2007 22:01 "Bill Bonde ( 'Hi ho' )" wrote: > Eeyore wrote: > > "Bill Bonde ( 'Hi ho' )" wrote: > > > Eeyore wrote: > > > > Jeffrey Turner wrote: > > > > > > > > > Losing your job to someone who'll work for half the wages *so* often > > > > > leads to prosperity. > > > > > > > > Why stop at half the wages. China and India can do it for far far less. > > > > > > > Don't the people of those countries need to live too? > > > > It costs less there. > > The two most important reasons for the huge cost differences in the US > vs countries like China and India is a place to live and medical care. > Solve those two and Americas could almost live on minimum wage. That would still be about 10 times the rate in Bombay. You'd also have to give up car ownership, higher education, live in only a couple of rooms, and own almost no consumer goods etc to compete. Graham
From: Eeyore on 19 May 2007 22:35 "Bill Bonde ( 'Hi ho' )" wrote: > The two most important reasons for the huge cost differences in the US > vs countries like China and India is a place to live and medical care. Actually it's about basic produce like food and clothing too. As far as medical care goes, in the UK, the 'socialist' National Health Service that gives care to everyone costs about �1200 ($2400) p.a. per head of population which is a heck of a lot less than US health care costs, yet the US is forever resistant to adopt such a scheme that has much lower costs and overheads. I don't know what the situation is in China but in India you don't get medical care at all nor a pension when you retire. You can't even begin to make sensible comparisons. Graham
From: Jeffrey Turner on 19 May 2007 23:37 Eeyore wrote: > Jeffrey Turner wrote: > > >>but with Sarkozy in there things will likely get worse. > > What have you in mind ? I'm under the impression that he's in the Thatcher mold, and will be doing whatever harm he can get away with to social services. --Jeff -- We know now that Government by organized money is just as dangerous as Government by organized mob. --Franklin D. Roosevelt
From: Jeffrey Turner on 19 May 2007 23:52 Eeyore wrote: > Jeffrey Turner wrote: >>Eeyore wrote: >>>Jeffrey Turner wrote: >>> >>> >>>>Losing your job to someone who'll work for half the wages *so* often >>>>leads to prosperity. >>> >>>Why stop at half the wages. China and India can do it for far far less. >> >>It just as clearly applies to Chinese workers eventually losing their >>jobs to people in Burma or Nigeria thanks to "free trade." > > Only if those places have the required infrastructure and right now they don't. > There are education issues too. If China and India threaten to get too expensive - not likely in China with the gov't setting the (low) wages - the infrastructure will be built elsewhere. Education can help, but that depends on the job. Education won't help the U.S., China has more honor students than the U.S. has students. --Jeff -- We know now that Government by organized money is just as dangerous as Government by organized mob. --Franklin D. Roosevelt
From: Jeffrey Turner on 19 May 2007 23:56
Eeyore wrote: > "Bill Bonde ( 'Hi ho' )" wrote: > > >>Boeing competes for its military contract sales. > > Airbus describes them as 'pork barrel contracts'. Boeing has congressmembers on payroll, so they'll get contracts. It took a huge dust-up in 2002 (?) to keep the gov't from leasing tanker planes from Boeing when it was *much* cheaper to buy them. --Jeff -- We know now that Government by organized money is just as dangerous as Government by organized mob. --Franklin D. Roosevelt |