Hacker News new | past | comments | ask | show | jobs | submit login

Yes, but we all buy from markets that benefit from the lower cost of other labor markets or technology (or regulation).



Agreed. And that's the reason Seattle was able to raise their minimum wage without major disruption -- not because their economy doesn't rely on cheaper labor, but because they've outsourced it.

I'm not assigning a moral value to outsourcing, though I agree with intel founder Andy Grove that outsourcing high tech like chip fabs can backfire after a generation. Just making the point that raising wages is easy if cost of living / labor deltas has already offshored part of your economy.


But the point is moot because whether or not minimum wage is $8.00 or $15.00 we've offshored the major aspect or our labor to other countries. You aren't wrong, but it's moot. You're literally making an argument that we could have a $15.00/hr minimum wage everywhere in this country because most labor exists in China or other less developed nations.

You're right, but that's not exclusive to Seattle.


If the chinese economy continues to grow faster than america's (not a given), at some point we may need to onshore those jobs again.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: