Right, but eventually with less U.S. people working, who's going to buy their products...the Chinese making $1/hour?
It's funny because everywhere the dems and republicans are fighting over increasing the minimum wage to $15/hour. Dems say who can maintain a family/household on $8/hour? Republicans say minimum wage jobs are stepping stones and for college kids...that increasing the wage will hurt businesses. Well NO DUH!! They're both right and missing the bigger picture. Why are grown adults with families flocking to minimum wage jobs? McDonalds, Home Depot, etc. Because all the good jobs have been exported overseas. If the dems/repubs don't get their sht together and figure out how to legislate and incentivise real job growth in the U.S. jobs, salaries, and benefits, are going to continue to erode along withh consumer purchasing power.