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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, January 06, 2012

In U.S., a Cheaper Labor Pool - WSJ.com

Adjustments are being made through the free market place. US labor is being made more valuable through better productivity and the balance is starting to have some positive impacts. Please note, that is is not government that is doing anything to make things better....
U.S. manufacturing labor costs per unit of output in 2010 were 13% below the level of a decade earlier as workers became more productive, according to the U.S. Bureau of Labor Statistics. The U.S. outperformed Germany, where unit labor costs increased 2.3%; Canada, where they rose 18%, and South Korea, up 15%.

In U.S., a Cheaper Labor Pool - WSJ.com


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