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Unformatted text preview: it people in Third World countries?
"The evidence does not show that," Palmer said. "Multinational companies pay a wage premium. They pay more than local companies pay ... because they want to attract good workers. Look at the Shanghai factory of General Motors. They
pay three times what Chinese-owned factories (pay)." Yet House Speaker Nancy Pelosi says that liberalizing trade
with Central America would exploit workers. "People want to work at those factories. They line up. They compete.
Are they competing to get exploited? They're competing for higher-wage jobs. I think that those people know their interests
better than Nancy Pelosi does." Sen. Byron Dorgan called free trade "a race to the bottom. This says to American workers if you can't
compete against 30-cents-an-hour labor in some other country, you lose your job." "Again, evidence doesn't support that," said Palmer.
"Look at the iPod. It says, 'Manufactured in China.' But if you look in th...
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