If I am a textile worker whose job is lost because Chinese imports have caused my factory to close, I feel the pain far more acutely than consumers feel the benefits of cheap clothing. The pain tends to be localized while the benefits are spread broadly…
The solution for the displaced worker is job retraining and adjustment assistance, and to improve the safety net available to displaced workers during the transition period. We also need to revamp our educational system so that it prepares workers for the jobs that are available today -- and imparts the flexible skills that make our citizens ready for the future jobs that we cannot even imagine.
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Buy American provisions and other forms of protectionism will destroy jobs, not create them. They are an irresponsible and self-defeating response to a downturn in world economic activity. Beggar-thy-neighbor policies create more beggars and hostile neighbors.
Yeah what is future jobs that we can not even imagine? Multi talented Goethe like assassin like lover, baby surrogate, chef who can deliver allergy free old traditional meal on door step whenever we want( lazy, useless at the kitchen-person who afraid of food!), yogi— massagers –personal trainer-personal assistant- general dogs body all around(but must have plenty of space!), specializing how-to-get -around difficult obnoxious person, very perceptive so that s/he can read peoples’ body languages, snake tamers, muses, brain/neuro surgeon who can change our intelligence, teaching how to live AD1000 life and come back reality and can go future year 5000, dealing with ETs decrypted their languages and communicate with them, designers of the world of DalĂ paintings come to reality, architecture who can build egoless like time machines, time taxi machine drivers, grandmamma, air-traffic controller as lots of people have own airplanes, space time tourism operators for time traveler, galaxy tourism operators; moon mars, loners, and frontiers for migrations mars, chamber ensembles, not team players, caterings romantic travelers, galaxy junkshop dealers, nasty know-it-all poets, … endless matter of opening training center… like the persistence of memory… Above all we will have an alternative universe so we won’t have to worry about job anymore as there is no such thing as economics