But, would you really have said: Let the other half starve.
His comments are about the economy in general not about personal wage scales.
Competitive wages are important but they are only one factor. At this point in an increasingly anti-business United States, those low wages only moderately offset the losses from absurd labor, environmental, etc. policies. It doesn’t matter how low wages are when the work force is on strike and environmentalists are closing down factories.
And it wasn't cheap goods but more markets for ours that were promised.
And we didn't get the choice of letting them starve or accepting a multi-generation reduction in standard of living with no guarantee that it will ever go up again while increasing capitals advantage the whole time.
And seriously, so you honestly believe that there are adequate resources and energy to raise all those starving people to a first world level? Because that's what it will take for first world peoples' incomes to start going up again.
"Bait and switch" is an applicable term. What we're getting is nothing like what we were promised.