..and then there’s the half-educated who parrot ceteris paribus models as if it tells everything about real world conditions when economists going back to Alfred Marshall knew it’s not the case.
What has been eliminating American manufacturing employment is global labor arbitrage something that simpletons ignore.
If you read Williams article, he states that87 percent of the manufacturing job losses are caused by productivity improvements. An economic simpleton he is NOT.
I wish my daughter had a job in a factory making plastic scrub brushes. These used to be Merican jobs!
I wish my daughter had a job in a factory making plastic scrub brushes. These used to be Merican jobs!