- Cafe Hayek - https://cafehayek.com -

Does the Trade Deficit Destroy American Jobs?

Tweet [1]

If you’re worried about the trade deficit and its effect on American jobs, you might enjoy this overview [2] 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.