"It costs me 7 cents to make a sports cap in China" [View All]

"I can then sell it in the US for $24". Morning Joe interview with a small, and very young, businessman. He then said that he love to manufacture in the US, but he could not make a profit. Ok, we go to the Michelle Backman argument of ending the minimum wage from there. If a Chinese worker make 10 cents an hour, then what would an American worker have to make to keep these jobs in the country? $3, $2, $1./an hour? Even that couldn't compete with that Chinese worker, especially given the high profits these owners are currently making. Second question. How in the world would an American ever live on those kinds of slave wages? They would have to work hours just to buy a carton of milk. You can add the same concept for all the IT Tech Jobs that are now in India. US simply cannot compete with slave wages in Third World Countries.

UNLESS, the entire US economy totally crashes, as in the "Great Depression". Market and bank failures, businesses closing, people losing jobs en mass, etc. Depressing the entire structure of the US economy.

I sometimes wonder if these is the hidden grand plan. It would most definitely eliminate the middle class in the country, who are a major problem for the elitists.