Gurley questions moral basis of protecting $40/hour Iowa workers versus $15/hour Mexican workers.
“it's unclear to me why a worker in Iowa needs $40 an hour if there's a worker in Mexico that's willing to bust his ass for 15.”
Gurley questions why Iowa worker needs $40 hourly when Mexican worker will work hard for $15.
“And it's unclear to me why a worker in Iowa needs $40 an hour if there's a worker in Mexico that's willing to bust his ass for 15.”
Gurley argues deglobalization is highly inflationary and makes US companies less competitive, not more.
“Like, this is just, you know, deglobalization, highly inflationary, and will make our companies less competitive, not more.”
Gurley warns undiplomatic behavior could push global partners toward China, which he saw performing strongly in August.
“if we are undiplomatic with our partners around the globe, that they will, it'll be more easier for them to rationalize agreements with China.”