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Re:China and "our standard of living" by reedlaw on Wednesday July 22, 2009 @06:21PM (#718681)
Competition is driving down prices. Tariffs and minimum wage laws are just ways of redistributing wealth. If there were no tariffs or minimum wage laws, there would be more healthy competition which would raise the world's standard of living, not just local workers.
Re:China and "our standard of living" by AlisdairO on Thursday July 23, 2009 @02:52AM (#719175)
...or it would simply intensify the race to the bottom.