Does the Trade Deficit Destroy American Jobs?

by Russ Roberts on November 27, 2006

in Trade

If you’re worried about the trade deficit and its effect on American jobs, you might enjoy this overview of the data on the deficit, total employment, manufacturing jobs and a few other items. There’s also a brief essay on why you shouldn’t expect jobs to be affected by the trade deficit. But the numbers speak for themselves. Trade deficits are a red herring used by self-interested people to worry altruistic people.


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