The dollar value of US goods exported has nearly doubled since 2000.
People have this strange view that manufacturing is dead in America. The $1.2 trillion in goods we exported last year suggests otherwise.
What you mistake is the problem of automation rather than trade. Instead of hiring 500 people to make a product, they automate and hire 5 people. More goods with higher values are being made, just by fewer people.
Automation is far more of a threat to the number of manufacturing jobs rather than anything else.
And why shouldn't they?Service jobs are outsourced to india or insourced from Mexico.
Come again? The managed global economy (free trade does not exist) has highly supported US exports. Let's just look at NAFTA. NAFTA was enacted in 1992-1993. In 2008, Trade of exports has tripled.Service jobs depend on cheap products from other nations, and thus will be severly hurt by any price fluctutions. I am not saying we should be China, but we should make sure our economy is multiversed (No Eggs in one basket). The US policy should be one that protects our workers, and our business's. free global economy does not help us at all, it helps large international corporations and 3rd world countries.
Tell me, does the quality of your life go up when your purchasing power goes up? After all, imports of high quality cheap products means you can buy more with the same dollar. How is that bad for the country?
See data:Surely not, but it is an important factor so is manufacturing.