>countries need to manufacture stuff in order to have a competitive economy
>in order to manufacture stuff countries need to ensure its cost of labor is low
>Therefore in order for a country to stay competitive it needs to ensure the average standard of living goes down
Do you guys agree with the premise?
And if so whats the point of staying competitive to begin with?
>in order to manufacture stuff countries need to ensure its cost of labor is low
>Therefore in order for a country to stay competitive it needs to ensure the average standard of living goes down
Do you guys agree with the premise?
And if so whats the point of staying competitive to begin with?
