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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (251499)6/2/2010 3:29:41 PM
From: RetiredNowRead Replies (2) of 306849
 
Well, think about it this way. Here in the US, we lament the loss of manufacturing jobs to China. But what we've lost is largely the unskilled jobs that China can do at massive scale for much cheaper. How do we compete with that? Well, how about we allow Mexicans into the US and allocate them to those jobs? Or better yet, let's tighten cooperation with Mexico to build factories in Mexico to hire Mexican workers at cheap wages. Those are the kinds of win win scenarios we need to be looking for, because the fact is that Americans don't want to do those jobs for that low of a wage. So either Americans need to start lowering their expectations or we need to figure out how to use immigration to our advantage and create more higher skilled and higher paying management jobs here to manage those unskilled workers. Just some ideas.
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