Japan auto companies triple Mexican pay rather than move to US

Re:Japan auto companies triple Mexican pay rather than move ... by neilparikh on Wednesday July 01, 2020 @07:46PM (#23708224)

What about those who live in the lower cost of living area, who now gain access to new jobs? Isn't it a wealth transfer to them as well? And these people usually aren't wealthy (usually less wealthy than those in the US), so calling it a wealth transfer from the masses to the wealth few isn't fully accurate.

And a dollar goes much further in Mexico than it does in the US, so even if the net labour spending by companies goes down, more people will be able to have jobs. I think it's reasonable to believe that 2 people with jobs is better than one person than with a job, even if the 2 are in Mexico, and the one is in the US.

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Re:Japan auto companies triple Mexican pay rather than move ... by gurumeditations on Thursday July 02, 2020 @09:33AM (#23712904)

As an American I see it from an American perspective. So a job loss here is a loss of wealth here, no matter what country it gets transferred to. The globalist perspective is one that damages every single person in the West whose society relies on a healthy well-paid middle class, that is now well-gutted, and we’re seeing the horrible chaotic effects of it over the past 5 years. Every father who made $25/hr at a plant years ago now has a son who makes $9/hr at a Dollar General, and both father and son are happy to back the next Hitler or Putin so long as he promises to make their lives great again. The transfer of wealth from Western society to poor societies is demolishing all of us. The US is rapidly becoming like Putin’s Russia and Europe is still in danger of falling apart despite its stronger safety net. Globalism has made freedom and prosperity very precarious these days.

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