Go West Young Man!

According to a recent article by Harold Meyerson in the Washington Post, "Doing business in China is beginning to cost real money. Not that Chinese workers are buying second homes or anything like that: Their average wage is still a little short of a dollar an hour.

But so many Chinese have now left their villages for the factories that the once bottomless pool of new young workers is beginning to run dry, and the wages of assembly-line employees are rising 10 percent a year." So, where are manufacturers going to find the lowest cost wages today? Meyerson says that many are fleeing south of the border--not our border (Mexico costs way too much.) but China's. They're bound for Vietnam.