Quote:
Originally Posted by NeilBlanchard
Higher fuel prices mean that shipping everything from overseas will no longer be cheaper than making those things in each country where they are needed, and this equals more jobs that pay what they are worth.
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In some cases... I'm not disputing your point, Neil, but in some countries, the amount workers are paid won't sustain them. I think China is the greatest example of this: The average pay isn't anywhere near commensurate with the cost of living.
Now the jobs that would invariably return to someplace like the United States would pay (more or less) a living wage. But then again, this is getting into a workers' rights issue, which would also (hopefully) start changing as a result.
I still like the idea of modern sailing ships used to transport goods across continents.
