Trump is selling snake oil to the Rust Belt
President Trump boasts that his America First trade and economic policies are bringing well-paid manufacturing jobs back to America. Thats probably his biggest deliverable to Trump voters. But is this claim true?
Trump won the presidency partly because he voiced the anger of American workers about lost jobs and stagnant wages. But in the process, he fundamentally misled the country by claiming that trade is the major cause of job losses, and that renegotiating trade agreements would save the middle class.
What Trump is offering is a palliative that has raised false hopes. He implies that a few good trade deals will refurbish the Rust Belt and restore the good old days of manufacturing. It wont happen, and to pretend otherwise is a hoax.
Trump campaigned on a false argument that global trade was taking away American jobs. So he killed the Trans-Pacific Partnership his first week in office and is now demanding changes in NAFTA and other trade agreements. He has dressed up a few announcements from jittery U.S. corporations to argue that doomed manufacturing plants are being saved and that jobs are already starting to pour back.
Stephen K. Bannon, Trumps chief strategist, has inflated this economic nationalism into a full-blown ideology that posits a battle between workers who are being hurt by globalization and an elite that benefits. Referencing the TPP at last weeks Conservative Political Action Conference, Bannon said that Trump got us out of a trade deal and let our sovereignty come back to ourselves.
But the numbers show that Trump and Bannon are fighting the wrong battle. Manufacturing employment has indeed declined in America over the past decade, but the major reason is automation, not trade. Robots, not foreign workers, are taking most of the disappearing American jobs. Rather than helping displaced blue-collar workers, Trumps promises of restoring lost jobs could leave them unprepared for the much bigger wave of automation and job loss thats ahead.
https://www.washingtonpost.com/opinions/trump-is-selling-snake-oil-to-the-rust-belt/2017/02/28/a0074f74-fdf9-11e6-8f41-ea6ed597e4ca_story.html?utm_term=.bf0445b878ac&wpisrc=nl_rainbow&wpmm=1
RKP5637
(67,112 posts)to get the vote. These people are not innately stupid, just desperate and he sold them a bill of goods and used them.
The_Casual_Observer
(27,742 posts)Even if they were to return, they wouldn't employ very many people.
Big steel mills will never return, there is too much competition and not enough demand to make investments like that.
SharonAnn
(13,781 posts)kimbutgar
(21,237 posts)What chump told them during the election is opposite what he is doing. Same old rethug bull$hit.
I have no sympathy for those dupes.
woodchuck mom
(16 posts)he's always been a con man. His life has left a trail of financial carnage on others, yet he seems to always make out. My husband always quotes Jesus Christ Superstar, "they'll cut you when they find out you've lied." Yes these people are desperate, but their vote for this shill screwed all of us.