Do skilled American and EU workers make too much? That is one of the main tenets of neoliberalism

[Baobab]

The idea is that by letting corporations move employees, presumably high skill, low wage workers around at will, the benefit to profits of lowering wages will trickle downward to workers in the developing world, eventually. The loss to skilled workers in developed countries is assumed to be made up by the gains to developing country workers who migrate 'temporarily' to replace them - in shifts not more than maybe five or seven years long.

You can read much more about it here, especially check out the charts at Page 278-279 -

this is a chapter about the "labor mobility" concept from the various fre trade agreements we have signed.

http://siteresources.worldbank.org/INTRANETTRADE/Resources/C13.pdf

[rhett o rick]

1. The World Oligarchs look at all the worlds labors in the same light. But unlike some here

that pretend to think that the Oligarchs will raise the standard of living for those in the world at our expense, they want to lower our standard of living to that of the rest of the world. NAFTA was a miserable failure. It made poverty worse in Mexico while moving our jobs down there. Those that write the agreements are only looking out for themselves.

http://www.culturaldiplomacy.org/pdf/case-studies/naftas-sociaeconomic-effects-on-mexico.pdf

[TBF]

2. It is all about lowest common denominator

the third world gets higher wages and ours go down -- but that is a very low common denominator. What happens to the oligarchs? Richer than ever.