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echo: coffee_klatsch
to: GEORGE POPE
from: BOB KLAHN
date: 2006-05-07 18:48:00
subject: Because they can!

CS>> True.  I see you add in the rest.  Correct.  Also, cost of
living in some a
CS>> means a larger or smaller profit margin is just flat out required to sell
CS>> there.

 GP> And, it generally balances out -- those places with the
 GP> lowest wages generally have the lower prices, and likewise
 GP> for higher. . . :)

 It doesn't really balance out. The lower prices do not
 completely compensate for the lower wages. If wages are 10%
 lower prices will be 5% lower.

 China has wages maybe 90% lower than the US, but they will still
 pay $70/bbl for oil.

BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

... "Aw mom, you act like I'm not even wearing a bungee cord!"
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