Really? I haven't seen health care costs in excess of $600/mo (the highest I've seen) for an individual and I have NEVER seen a mortgage less than $600/mo.
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My mortgage is 535 dollars a month, get a better financial advisor, noob.
Okay so you're wrong and now I must not possibly know anything about the Chinese lax labour laws.
America's manufacturers have done absolutely nothing to compete on an international scale. I know plenty well why China's shit is so cheap. The fact of the matter is that people in YOUR country would rather buy cheaper products, regardless. Even a penny difference has enough power in it to sway the majority of consumers for like-minded products under similar buying conditions.
Neither point deals with the fact that smaller stores were just as guilty of using Chinese products in the 80's and early 90's as Walmart is today. (which, as I've mentioned before, actually holds open auctions to drum up competitive prices within the international market for its own benefit. A lot of the shit you can buy from Walmart is actually made in 1st world countries)
China has cheap labor because there are too much supply of it. Hey, if you don't want to work for $1/month, there are 800 million people who do.
How are they supposed to compete when the government ties their hands on things like paying a living wage, providing safe, humane working conditions, and upholding health and safety standards in their products, then turns around and allows business with countries that don't do the same?
Oh, and uh, I'm not buttcheeks.
Chinese government is 10x more corrupt than US government. In fact, you cannot establish any kind of business without paying everyone off. And the Bank of China is a complete joke.
So for some reason, Walmart representatives are here at the facility where I work taking a tour through this dump. I am tempted to do something.
You should fuck one of them in the butt.