Wednesday, January 18, 2017

The Real Reason Manufacturing Jobs Have Disappeared

Donald Trump is wrong about trade from every angle.

3 comments:

  1. All we have to do then is bring back the buggy whip industries and voilá! Everyone will be employed! We should also get rid of the IMMIGRUNTZ who TAKUM ER JEBZ! And make everyone self-sufficient!

    (Sounds like Marxism? That's because it is - Trumpistas are, in reality, closeted Marxists)

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  2. Much like the minimum wage increases for fast food workers, Trump's trade policies will result only in further automation at American plants.

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    Replies
    1. Yes, and they are both based on the same fallacy that you can improve a person's situation by artificially restricting his economic options.

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