Can we compete with China’s wages? Does government interference and regulation hold us back
? Are our unions keeping us from being competitive
? Do we need to lower our standard of living in a race to the botto
m? You might be surprised to learn that Germany pays higher wages, h as strong unions, h
as much more government involvement and is doing better
as a result.
Conclusion: our wages, unions and government are not the problem,
they are
the solution.
Read article. We would do well to pay careful attention in the U.S.