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I agree on both counts at a high level, but America always had cheap labor. It is what helps us have so much disposable income compared to other countries.



This is a bizarre take. Corporate towns and company stores and union leader assassinations are all a part of the history of cheap labor in the US.

None of those dynamics contribute to higher incomes for anyone aside from bosses and investors.

But maybe exploitation of cheap labor for personal gains is what you were referring to?




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