A bit of anecdote here. A former college of mine traveled to Chihuahua Mexico where a US auto parts manufacture had set up a factory to make steering wheels. He was there to install equipment we had sold to them via their offices in Massachusetts. Here’s what he saw. A woman was operating a highly technical machine that manufactured the air bags. Another was expertly sewing the leather upholstery to the steering wheels. Others were wiring the harnesses that would connect all the controls from the steering wheels to the cars various duties. Do any of these sound like low skilled jobs? To me, they sound very similar to the ones I saw back in 1973 when I was an inventory supply clerk on an assembly line at Xerox where we built the Model 4000 copier. It was the “entry level” job that I got after graduating from high school with a C+ average. Adjusted for inflation, I was paid about $45K a year, plus health care and two weeks vacation. Actually, if I worked the line as an assembler instead of just supplying it, I would have made a lot more.
So how much did the people in Mexico make? About $8.00 Per Day. I guess $8.00 a day is better than the national average of $5.00 a day. And then there is the issue of job safety. The .1% in the USA complains about too many job killing regulations. Here’s what happens after safety regulations are lost.
And what about this?
Take the poll at the end of the article and see that almost half of those participating would not spend a dime more to buy USA, so much for the “invisible hand” that Adam Smith wrote about….