lavalyn

What's Left to Spend in the 'Credibility Bank'?

Or you could say that this is just desserts for a nation that pays hundreds of millions to CEOs that run companies into the ground, millions to professional sports players... and somehow gets paid more for less production than people in China.

The "Chinese worker that make [an] average of $250 a month" produces the things Americans use. The question that it raises is normally phrased "why should the Chinese be paid so little?" when the real question is "Why should Americans be paid so much?"