The Corner

Robert Reich Is Right

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

Recommended

The Latest