I'm not a fan of America's trade pacts. But as I look and see what America has lost when most of the, companies have taken their jobs to a lower wage country I ask myself are those jobs worth coming back to America. A great majority of these jobs that were lost were minimum paying jobs in poor working conditions.
We lost many a good paying job, but they were hard and dangerous, were the life expectancy is shorter then those of the rest of the population. Do we really want those jobs back.
I've written it before we have a shortage of workers for better paying jobs, such as machinist, truck drivers, mechanics. If we match people and train them America might just have a negative employment problem( we might have it right now).
What's wrong with having workers of other counties having enough money to buy our products?
What's wrong with having a low inflation rate?
If many of those manufacturing jobs came back inflation would increase. (Manufacturing wage inflation has been negligible in the major industrial nations),
As a fixed income person I get very upset with politicians who are living in a fantasy world and the only thing that they could accomplish for me and other retires is making it hard to live on the money I receive.
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