America Quote by Adam McKay
“In general foreign invested companies who come to America to start a company, to open a manufacturing business or whatnot, they actually provide much higher wages than American companies.”
About This Quote
Source Speech: Interview on foreign investment, 2020
Foreign firms often pay higher wages than domestic firms when they set up operations in the U.S.
In simple terms: Foreign companies pay more wages
Consider wage impacts of foreign investors
Themes
Mood
Type
When to use this quote
- policy analysis
- business strategy
- employment negotiations
Key Concepts
Questions to Reflect On
- What drives the wage premium?
- Are wages sustainable long term?
Higher wages may reflect skill gaps or profit motives