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Why Trade Doesn’t Cause Unemployment

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Recently, some have claimed that international trade is responsible for unemployment in the United States. It can be shown that over the last 40 years this has not been the case.

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2 COMMENTS

  1. This is only half the truth! They assume one manufacturing job is equal to all others….. IT IS NOT!
    THEY ARE SELLING THE PROPAGANDA THAT TRADING $100 FOR $50 IS A GOOD THING.
    Not to mention when person 55 and older gets laid off and have to find another job, do you really think there is equality there?? Hell NO there isn’t!! I’m certain military veterans really appreciate having no American worker protection from the federal government after serving their country. The bean counters that created this insulting video should compare apples to apples and oranges to oranges…. and stop sucking up to the corrupt federal govt.
    I know of two people who have to work two jobs(55 hours/wk) to get by because our worthless govt has allowed manufacturing jobs to leave the country. University professors shouldn’t be allowed to comment, because they have never lived in the real world!

  2. Facile, simplistic 1:00 propaganda piece. For instance, they state that those countries with the most free trade have higher levels of per capita income. This statistic can also be stated for the times of our history when countries had more tariffs. Those countries that had high tariffs in the late 1800s and early 1900s were also countries that had high per capita income. Germany, France and the USA come to mind as such examples.
    Tariffs will raise our national income. Tariffs will only raise prices if the firm structure in a country that has them is more oligopolistic or monopolistic. So, if a country has tariffs, it should encourage more competition.