This is an all time joke from you. It has made some richer. But that former factory worker now earns $10 an hour with no benefits compared with $20 an hour with benefits before globalization.
Yup. And many other people are better off.
He was promised globalization will make him better off not worse off.
No he wasn't. None of us are promised anything. The economy presents opportunities and it's up to us to take them.
You deliberately fail to acknowledge the lie used to sell globalization and the jobs and people it has destroyed.
I don't know who sold you what but most Canadians and most Americans are better off now than they were when NAFTA was signed.
From "Failure to Adjust," by Edward Alden: "A central task of any government is to provide the tools to help people adjust and succeed in the face of economic change.
I agree with that. But ripping up trade deals isn't adjusting, it's self destructing.
Recommendations for the federal government include enforcing trade rules to ensure a more level playing field; reforming international rules to constrain subsidies that distort trade; developing comprehensive workforce retraining plans and apprenticeships to help American workers build necessary skills; and expanding trade adjustment assistance to workers displaced by trade."
The first two are protectionist and doomed. While no one will object to a level playing field is in fact pretty level, and while no one objects to removing distortions, those are not the reason why factory jobs are moving to countries with fundamentally lower costs for low skilled labor.
I support the last two. We should indeed retrain people and provide assistance to those too old to be retained.
