Harry, You should understand that most of the price of the toaster goes to American workers.
We may well I import the toaster from China for $2 - but it will perhaps sell for $39. The rest goes to workers who move it through the system warehousing, transportation, accounting, selling it at various stages, until it arrives in the hands of the consumer. This is true of most things. The actual manufacture of a good gets the smallest payment. Getting it to the consumer is where the costs increase. Meantime our unemployment is low and wages are moving up. We've been through a period of great change. Old industries are going, new ones are taking their place. We appear to have made the transition very well, though obviously some people have not done so well. There are various governmental programs to help such people. Any problems of poverty and urban blight are not the result of trade, however you are so blinded by the propaganda you've read you are not much help in finding and solving such problems. Harry ********************************** Henry George School of Social Science of Los Angeles. Box 655 Tujunga CA 91042 818 352-4141 ********************************** > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:futurework- > [EMAIL PROTECTED] On Behalf Of Christoph Reuss > Sent: Saturday, June 02, 2007 12:51 PM > To: [EMAIL PROTECTED] > Subject: Re: [Futurework] Tyranny of the Small Paycheck. > > > Fortunately, with free trade prices are lower so the 'small > > pay check' goes further. > > Again, you ignore the other side of the coin: The pay check ALSO > gets smaller, when the worker got fired or has to compete with Chinese > workers "thanks" to free trade! And when he buys the Chinese toaster, > as you suggest, he even actively contributes to American jobs being > toast! > (thereby adding a new functionality to his *toaster*...) > > Chris > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > ~~~~~~~~~~~~~~~~~~~~~~~~~~ > SpamWall: Mail to this addy is deleted unread unless it contains the > keyword > "igve". > > > _______________________________________________ > Futurework mailing list > Futurework@fes.uwaterloo.ca > http://fes.uwaterloo.ca/mailman/listinfo/futurework > > No virus found in this incoming message. > Checked by AVG Free Edition. > Version: 7.5.472 / Virus Database: 269.8.6/828 - Release Date: > 6/1/2007 11:22 AM > No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.472 / Virus Database: 269.8.6/828 - Release Date: 6/1/2007 11:22 AM _______________________________________________ Futurework mailing list Futurework@fes.uwaterloo.ca http://fes.uwaterloo.ca/mailman/listinfo/futurework
