I never thought I’d write that – and nor did blogger Dan Drezner. This piece by Reich on the fact that manufacturing jobs are disappearing everywhere is a little simplistic (for example, while it’s true that China is losing manufacturing jobs, it’s important to remember that a good number of those jobs were actually value-destroying: the goods they produced were worth less than their raw materials), but it raises some interesting points. It also is a reminder that the Bush administration’s occasional flirtations with protectionism are absolutely pointless
Share this story

About the Author
Andrew Stuttaford is the editor of National Review's Capital Matters.
Advertisement
Advertisement





Comments