Obama Is 1000% Correct....

[libertad]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aEyIOyUC4QPY&pos=8


Obama Says U.S.-China Trade Spurs Prosperity for Both ....



1) China gets to set up manufacturing and associated jobs....

2) The US population gets to be sales clerks for WMT....

 

[noob_trad3r]

but then a coke would cost 5 cents? if everyone in the US makes minimum wage.

 

[libertad]

Quote from noob_trad3r:

but then a coke would cost 5 cents? if everyone in the US makes minimum wage.

..............................................

That's only if you buy the sandwich and chips....


Sandwich....$100

Chips............$25

3 days wages....

 

[noob_trad3r]

Quote from libertad:

..............................................

That's only if you buy the sandwich and chips....


Sandwich....$100

Chips............$25

3 days wages....

How is that possible. People used to earn 4 dollars an hour and that was considered a lot of money back in the days.

So if we roll the clock back to 1950 salaries, wont goods go back to 1950 prices?

 

[libertad]

Absolutely.....

I guess I missed the date on the billboard....

oops....


That was the day you had cold water slide out boxes....
and real glass bottles....