Stumbled upon a nice article here, the writer lives in Texas and describes the place as where “concern over outsourcing is mitigated by the lack of company towns and dependence on manufacturing.” The article tries to find answer on issues like – artificial low wages. Are developing nations guilty of artificial low wages? Can there be a universal minimum low wage act? I wonder given the econometrics index of different parts of the world is uneven, can there ever actually be a universal wage index. Forget the benefit Americans or any outsourcer society yield over the exercise, simply, can developed part of the world ever live up to the standard people in poor (developing country, the phrase all know is an eyewash) countries do?
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