The Paul Krugman articles unpacking. The real economics of foreign trade policy requires a close read and thinking about what he’s saying. The basic point is that the whole idea that reviving manufacturing as a sector that can can return the US to the good old days of the American middle class prospersperity and good life is wishful thinking and simply wastes. Time and attention. That boat has sailed. The us is a manufacturing powerhouse but is so efficient it does not need so many blue colllar workers. Those jobs are gone. The US is an agriculture. Powerhouses. With huge agricultural exports but farm ate so productive the employment is miniscule. I have prosperous farmers in
My family and it is a great career for the whole famiy. It’s a big mistake to rig even more subsidies to create more employment. It’s futile. We produce plenty of agricultural goods. There’s the story of a neighbor of. A hobby dairy farmer who asks his dairy farmer neighbor to sell him his milk at cost. He got the invoice for $55 / quart!
The YS is a service economy paying good wages. Plumbers, electricians, doctors, masters, bankers, cooks, and on and on. CEOs and executives of monopolies get paid probably too much.
A
If we want a more prosperity in the middle class to return to the good life, we kneed to improve the bargaining power to level the playing field between workers and owners. The lay of the land has become badly
Leveled. We need much better national macroeconomic management than we’ve had over the last 50 years that has choked the growth of labor productivity try o favor millions of monopolies and anti-competitive free for all.
The Paul Krugman articles unpacking. The real economics of foreign trade policy requires a close read and thinking about what he’s saying. The basic point is that the whole idea that reviving manufacturing as a sector that can can return the US to the good old days of the American middle class prospersperity and good life is wishful thinking and simply wastes. Time and attention. That boat has sailed. The us is a manufacturing powerhouse but is so efficient it does not need so many blue colllar workers. Those jobs are gone. The US is an agriculture. Powerhouses. With huge agricultural exports but farm ate so productive the employment is miniscule. I have prosperous farmers in
My family and it is a great career for the whole famiy. It’s a big mistake to rig even more subsidies to create more employment. It’s futile. We produce plenty of agricultural goods. There’s the story of a neighbor of. A hobby dairy farmer who asks his dairy farmer neighbor to sell him his milk at cost. He got the invoice for $55 / quart!
The YS is a service economy paying good wages. Plumbers, electricians, doctors, masters, bankers, cooks, and on and on. CEOs and executives of monopolies get paid probably too much.
A
If we want a more prosperity in the middle class to return to the good life, we kneed to improve the bargaining power to level the playing field between workers and owners. The lay of the land has become badly
Leveled. We need much better national macroeconomic management than we’ve had over the last 50 years that has choked the growth of labor productivity try o favor millions of monopolies and anti-competitive free for all.