Tag Archives: offshoring

Is the US trying to lock the barn door after the horse is gone left over offshoring jobs to China? A new paper suggests so.Marginal RevolutionNew results on the China shock, furthermore the China shock is largely overTyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center

It is truly incredible that most of the advocates of this trade policy do not even seem to understand the class nature of their agenda, equating the interests of a tiny group at the top with the interests of the whole country.... TruthoutTrade: It’s Still About Class, Not Country Dean Baker | Co-director of the Center for Economic and Policy Research in Washington, D.CSee alsoRobert ReichChina Tariffs are a Regressive Tax on Americans, and Risk a Recession

So when Trump won the presidential election, the true-blue data believers dismissed his victory as the triumph of rhetoric over fact. His supporters had succumbed to a nativist tale with cartoon villains like “cheating China” and a shadowy cabal of Rust Belt-razing “globalists.” But it turns out that Trump’s story of US manufacturing decline was much closer to being right than the story of technological progress being spun in Washington, New York, and Cambridge. Thanks to a painstaking...