Bright Raven
Well-known member
HDRider said:Ron, I understand how you base your argument on "standard of living" and "government cannot fix economics".
I could go on for days about how government distorts markets. For example, how profit is taxed in other countries and in the US, disparity in environmental regulations allowing lower cost productions, same for labor and safety laws.
Gauging the bare minimum a worker will accepts does factor in "standard of living", it is called exploitation.
In kind, I understand the influence of government and certainly governments worldwide influence the standard of living of their nations. Thus, we are somewhat on different paths.
My point is regardless of CAUSE and there are many, until and if ( big if) the standards of living balance, the US will continue to suffer a disadvantage competing against markets that can DO IT CHEAPER.