Detailed text transcripts for TV channel - MSNBC - 20130514:14:55:00
For everyday staples. they spend almost a day's wage to buy things dozen eggs, which cost one u.s. dollar. or seven bars of soap, almost as well a full day's wage. in the u.s. we could buy the very same things after working nine minutes. but that low wage attracts retailers. china is three times more expensive. other asian producers twice the price. bangladesh says it will announce wage suggestions within three months here. and if they were to double the wages, bangladesh would still be in the average at about $75. now, the worry is higher wages will hurt a prospering garment industry that's h...
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