In Denmark, we have production with more than $150 per day as minimum wage for the employees. It's everything from toys (Lego), drugs (Novo, Biogen-Idec etc.), machines, microphones, kitchens, wooden floors, you name it, and we're competitive. We have a significant export of kitchens to China, made with our wage levels.
Lego tried to outsource some of their production to east europe, where wages are lower, but pulled some of it back, realizing that it was more economical to keep it here.
It's a matter of productivity and quality, and U.S.A. is in a good position to create the high quality products of the future. |
