Reply #37: For unskilled labor you are correct, but not skilled [View All]

Look at Germany. They stopped trying to subsidize unskilled labor decades ago, and now their manufacturing sector is filled with workers that have far greater skills than Chinese laborers (and Americans for that matter). China will catch up in wages...it may take a few decades, but they will lose the massive advantage they have in labor costs over time.

We need to start working towards manufacturing that we can compete with. Part of that means not trying to convince every high school graduate that they need to go in to a 4 year university and pile up debt while they decide which major to choose. Let's put more emphasis on skilled trades that won't be matched by China and Mexico for decades instead of jobs that can be done by nearly every adult on this planet.