As campaign slogans go, 'Make America Great Again' is as good as any, but apart from building a 'beautiful wall which Mexico is going to pay for', the most important promise of the Donald Trump campaign is to bring back jobs to America.
He promises to bring them back from China, from Japan, from Mexico, from Vietnam etc. but the issue that needs to be understood is how the jobs got exported to these countries in the first place.
According to Mr. Trump it's all down to incompetent negotiators and self serving political hacks making bad trade deals which they make in their own interests as opposed to those of the American people but this is over simplifying the issue.
The transfer of jobs, technology and resources from the industrialized world to the developing world is not confined to America but to all developed world nations including Great Britain.
Read the article here
The transfer of jobs, technology and resources from the industrialized world to the developing world is not confined to America but to all developed world nations including Great Britain.
Read the article here
1 comment:
Just as I thought. Just as taxes and welfare are used to redistribute wealth within the US, trade treaties are used to redistribute wealth internationaly. We were not supposed to notice.
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