Quote:
Originally Posted by retiredguy123
Call me skeptical, but I can think of so many reasons why the U.S. cannot compete for product prices with China, I don't know where to start. And, most Americans only care about the getting the lowest price. Some of the reasons U.S. prices are highers are: unions, minimum wages, safety rules, environmental rules, standard of living expectations, work benefits, employment taxes, employer health care mandates, lawsuits, etc., etc., etc.
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Yes, you are correct that is why prices are higher, but the alternative is something I don't think you would want for yourself. Low wages, no safety protection in the workplace and giving companies the freedom to be as negligent as they please without the fear of lawsuits.
This country has a history of companies putting their employees in dangers to increase their profits.