“(1) Trade deficit has lost millions of manufacturing jobs.
(2) Manufacturing jobs are middle class & upper middle class jobs.
(3) Manufacturing creates more wealth than any other activity.
(4) Loss of wealth in the country is the reason people can’t find jobs with better wages.”
And...that just about sums it up.
RE: Trade deficit has lost millions of manufacturing jobs.
How do you account for the very low unemployment rates that we have today even BEFORE the tariffs were applied to China?
We are told that there are more jobs open than workers who can fill them.
These jobs are being created even as we speak. So, millions of jobs lost in manufacturing, but millions more created. Can’t those who lost their manufacturing jobs apply for these millions of jobs that are crying out for people?