Comment Re:Protectionism never works (Score 5, Insightful) 484
You forgot the fact that the cost of goods and services will never drop in half to match the salary drops. That equals profit. Why would they drop the profit?
Does apple drop the cost of the goods because they use cheap slave labor instead of making the products in the expensive US?
So enjoy your 10$ loaf of bread. It now only takes you 3 weeks to make that.