Gordon Watts, Asia Times: How China’s economic rise killed off 3.4 million US jobs
Economic Policy Institute report reveals the depth and scale of the employment shift fueling today’s trade war
Scything through heartland America, the human toll has been immense. More than 3.4 million jobs in the United States have been lost since China joined the World Trade Organisation 17 years ago.
At least 1.3 million jobs have disappeared in the past decade, fueling the trade war between Beijing and Washington and adding US$100 billion to the US deficit.
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Commentaries, Analysis, And Editorials -- October 24, 2018
Who is winning the U.S.-China trade war? Look at the stock markets -- Paul Solman, PBS
China can’t afford to lose war on debt -- Chris Taylor, Asia Times
China’s Coming Financial Crisis and the National Security Connection -- Stephen Joske, War On The Rocks
The Saudis' dangerous game of truth or dare -- Jack Devine, The Hill
Turkey and the Khashoggi saga: How Erdogan played his cards right -- Jeffrey A Stacey, Al Jazeera
Erdogan a threat to US effort to contain Iran -- Stephen Bryen, Asia Times
Bowing to the Saudis Is a Presidential Tradition That Goes Back to FDR -- Ronald Radosh, Daily Beast
Jamal Khashoggi: How Pakistan 'ignored' journalist's murder to secure Saudi loan -- Shamil Shams, DW
Staying in Afghanistan is the Definition of Insanity -- Charles V. Peña, National Interest
Africa's new debt crisis -- Daniel Pelz, DW
Brexit hasn’t happened yet—and Britain is already poorer -- Terence Huw Edwards, Christian Soegaard & Mustapha Douch, Quartz
Why the West Should Care About the Turmoil in Armenia -- Wes Martin, National Interest
Is Vladimir Putin Irrational? -- Noah Rothman, Commentary
Is Trump’s nuclear stance a grand plan or a reckless gamble? -- Andrew Foxall, CapX
Lose the Merchant Marine, lose the war -- James R. Holmes, The Hill
1 comment:
You need then to ask why American jobs went to China..and note: do not blame unions. If every American worker worked at min wage they still could not compete for cheap labor with Asian workers. Our plants moved for saving costs. Does China then bear all the blame for this?
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