I think part of the issue is that people see nearly a Trillion Dollars flowing out of this Country year in and year out due to an imbalance in our Trade Agreements.
No matter how things are spun, the United States always seems to end up on the losing end.
Whether it be Trade Imbalance or Automation, the People who are fortunate enough to remain Employed are paying for those who have lost their Jobs. Not everyone was working in a Factory manufacturing Buggy Whips in 1980.
The very idea that it’s perfectly fine because we can purchase a cheap Flat Screen TV or cheap trinkets at the Dollar Store loses its impact when the Social Programs need to be funded by a shrinking number of Workers.
Yes, there are statistics, there are perceptions and there are facts, but the reality of it all comes down to where we are today.
How did we end up doubling our National Debt to nearly $20 Trillion Dollars in just eight Years if Manufacturing is increasing? How is it that 95,000,000 People are out of the Workforce? Ditto increases in Welfare Recipients, Food Stamp Recipients and those claiming to be Disabled. All these figures are at an all time high so it obvious something isn’t keeping up.
Most of the Cheap Labor Express hawks hate tariffs and love the income tax. Go figure.
A trade imbalance doesn't mean all of that money evaporated. We sent cash and got $1T worth of goods in return.