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General Electric Company Message Board

  • whatilearn1234 whatilearn1234 Nov 19, 2012 4:51 PM Flag

    Who is to blame for our global low wages?


    I just got the sixth sense that this is all the fault of businessmen's decisions.
    I remember I bought my first lap top computer from Toshiba and it costs me $2000.00 U.S. Dollar.
    Now it costs about $600.00 for a much better one.
    I remember I bought my first HD TV 55" for $4000.00 U.S. Dollar.
    Now it costs about $1000.00 60" for a better one.

    This is all our businessmen's decision to sell these high tech products lower and lower.
    Because our consumers pays less, there is less profit for their employees and shareholders.
    That is why wages will not go up and stock market will not go up.

    I hope these global high tech companies that have high tech knowledge capability would start to charge and demand more pays for their employees. Low pay causes lower consumer ability to pay. Bad for our economy too.

    Just a thought.

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