this past year i took a course on international business - we had some of the top international guys from some of the biggest companies around (i.e. Otis Elevator) -- pretty much it costs on average ~15/hr for labor in the USA, in Mexico it costs ~4/hr. In China, it costs under 1/hr.
Pretty much, companies are going to be laying off Mexican workers and moving everything over to China - its a must for companies to remain competitive.
this is going to be a big issue in the election, especially since bush is pro-free trade and kerry isn't (from what i understand).
see South Park episode - "They Took Yer Jobs"
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