richardhutnik on 07 September 2012
And in this race to the bottom, where you pay everyone $2 a day, exactly who has money to buy the products being exported? Is there some sort of disconnect with her and a thing called "standard of living"? In this, first-world nations pay more, because the overhead of training, and paying for infrastructre require workers make more.
It is ok to state workers are paid too much to be competitive, but to compare it all to African workers making $2 a day? Anyone here care to defend this? To me, there is a big disconnect and lack of understanding of how the big picture works. I would also like to see how she would be the richest woman in the world if she had to live in Africa. Her wealth is derived from where she is, in a global market.
