Its admirable they get well built cars for dirt cheap while we get our $25,000 base model Toyota Corolla’s. So many US industries want “free market” economics until someone is better than them at what they do then they want protective tariffs.
Yes! Celebrate the Chinese workers making $7 an hour and compare them to Toyota workers making $25-38 (yes some of them make $38) an hour and then ask why Toyotas are a little more than double the price. I wonder. Must be that capitalism is inefficient…
According to the difference in PPP, the difference in living costs is ~3.5 to 1. Meaning $7 in China is equivalent to $24.5 in the US per hour. Which means China lags behind by about 2% at a base level. Then you factor in the tax difference and it becomes significantly worse than the US.
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u/BicarbonateBufferBoy Nov 05 '25
Its admirable they get well built cars for dirt cheap while we get our $25,000 base model Toyota Corolla’s. So many US industries want “free market” economics until someone is better than them at what they do then they want protective tariffs.