Comment by coliveira
4 days ago
The problem was never the cost of labor. US tech is already highly profitable and they can pay the full salary if they wish to. But their desire is basically to get a free card to pay lower salaries by any means, so they can send more of those profits to shareholders. The US is essentially a fighting arena between shareholders and workers. The profit is there, it is just a matter of how business want to keep always more of the spoils to themselves.
Do you also think that if a business loses money, the employees should give some of their pay back to the business? Or does this just go one way?
Workers ALWAYS give back some of their salaries when a company fails. They either get lower compensation or lose their jobs altogether.