Trump’s Big Lie about the global economy

  • Posted by a hidden member.
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    Aug 03, 2015 9:36 PM GMT
    He thinks he can bring back American jobs from China and Mexico. He can't, because those jobs have disappeared.

    ...he repeats the same Big Lie over and over again.

    On the Sunday talk shows, Trump made variations of the same argument he made in 2012 — that as president he would be able to bring back lost manufacturing jobs from China and Mexico.

    ...Trump’s message is very appealing to those who genuinely believe this narrative about the U.S. economic decline. It’s also a big lie...

    ...the truth is that while a small fraction of American manufacturing jobs migrated overseas over the past few decades, a far greater fraction of manufacturing jobs simply disappeared and are not coming back. The far bigger driver of these job losses is the creative destruction that comes from technological innovation and productivity increases...
  • Hypertrophile

    Posts: 1021

    Aug 03, 2015 10:35 PM GMT
    He should focus his message on creating new jobs here, not bringing old ones back. Clearly the latter is a pipe dream at best. The best thing government can do is be the employer of last resort, and there are still a lot of things that we can do to create jobs and restore our competitiveness, starting with our infrastructure.

    Of course, that will never happen if any of the Republicans win the White House. They, and Trump worst of all, are too caught up in their trickle-down ideology which has failed miserably.