How To End Outsourcing

One of the many statements by President Trump on trade.

Trade, trade, trade. The only thing that President Trump has consistently raised as often as his racist hatred of immigrants and imperialist threats against Muslims is trade. The appeal of this invocation of trade is the idea that the trade deals of the past few decades (most infamously NAFTA) are responsible for the mass outsourcing of primarily working class jobs. It is an argument that does not enjoy the support of economic orthodoxy which stubbornly holds to its free trade dogma, but has broad political support outside of it. As Dean Baker points out, the increase of the trade deficit is directly correlated to the loss of manufacturing jobs.

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