[OPE] Restoring capitalist equilibrium by cutting wages

From: Jurriaan Bendien <adsl675281@telfort.nl>
Date: Thu Nov 19 2009 - 23:22:49 EST

"American workers are overpaid, relative to equally productive employees
elsewhere doing the same work. If the global economy is to get into balance,
that gap must close. (...) It's possible to run the
numbers to show that American manufacturing workers should take average real
wage cuts of as much as 20 percent to get into global balance."

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Received on Thu Nov 19 23:24:45 2009

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