I took a class on NAFTA in 97 when getting my MA in Econ, and the Prof argued these same outlandish, arguments. Especially redundant was the one where one industry is down, you can simply go to another. Think about that one from a common sense viewpoint, not an economists one.. First of all, most of those employed in a manufacturing situation have little if at all above a HS Diploma educationally wise. Automatically, this creates large limitations on their profitable employment. Which is the second strike they face when looking for a new job. With a large number of unemployed, low or unskilled workers searching for a job, what is the incentive for an employer to offer high wages? Re-thinking their position might be a good idea.
President Obama has new priorities. That means new spending.
In his State of the Union, he said, "The American people don't expect government to solve every problem." But then he went on to list how, under his guidance, government will solve a thousand problems, including some (like climate change and a loss of manufacturing jobs) that are probably not even problems.
The president bragged about creating "our first manufacturing innovation institute" in Ohio and says that he will create 15 more. Politicians claim actions like this are needed to solve the "decline of manufacturing" in America. John McCain, Mike...
Where is your degree from - SpongeBob University?