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4th of July product boycott
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Quote:Because the average private-sector worker in China makes $4,755 per year (according to the International Labor Organization), and the average American factory worker salary per year is about $25k per year. The lowest bidder gets the business, basically. That's not the whole story though. What is the average cost of living in China compared to the average cost of living in the U.S.? Contrary to popular belief, labor cost isn't the only issue as to why companies have things manufactured elsewhere. Here's a little hint. Taxes and regulation. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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