International Minimum Wage

[© tweed]

no, this would end up hurting the US economy as chinese kids could no longer make shoes for 15 cents an hour, instead they'd have to makes 3 or 4 dollars an hour.  Due to this, costs of products in the US would skyrocket and the US consumers would suffer.

It'd probably be good for alot of people outside of the US who are being taken advantage of by US corporations, but that's not enough to make me support it.  I care more about my money than the well being of a family in Asia.

[© tweed]

I'm a bit disappointed that no one answered my question...I'm gonna put it again. If the minimum wage is relative to GDP per capita I believe poor countries would STILL have much, much lower wages than rich countries. A poor African country has something like a tenth of the US GDP AND they're ready to live much poorer too.

yes but the Chinese GDP is probably fairly high, enough to drive up the cost of manufacturing by American companies in China four or five times relative to what it is now.  That hurts the American consumer as most goods are made by Chinese making a very low wage, something that keeps the price of American goods manageable.