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Comment by YY4398742398

Chinese workers are not "low paid" relative to prices of goods in China though. A Chinese worker gluing an iPhone together can afford a decent middle class lifestyle, the Chinese version of the "American dream".

What America really needs is massive deflation in the cost of everything, curbing income inequality (which is driving inflation) and moving to renewables (cost of oil/gas also drives inflation).

parent YY4398742398 10 months ago

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