October 23, 2016

The 70s Aren’t Coming Back

One of my commenters took substantial umbrage at my claim that the idea that saying that U. S. manufacturing jobs could be “brought back” from China, Japan, South Korea, etc. was poorly informed enough as to constitute a lie so I thought I’d explain my reasoning. What I’m presenting in this post is widely known among economists and businessmen. It’s not particularly controversial.

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