On Point is looking today at the debate on the future of jobs in America. Free trader Alan Blinder says we may not be able to stand the job losses screaming toward us now. Jagdish Bhagwati says that's apocalyptic nonsense.
What do you think? Do you agree?
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Comments: 3
My mother, who lives in Paris, says that in Europe when you call a company for on the phone help, you can understand them, they speak the language. When she does the same here, she can't understand them. Have others have had that experience? I just thought it was an interesting point of conversation.
In the long run, however, I view countries like India, which is a democracy, albeit imperfect, with legal protections for workers' rights, are less of a threat than countries, like China, where the only right workers have is to shut up and obey.
Thank you Alan Blinder for voicing this simple and evident threat.
Now, what can we do? Start learning more science and less law. Curb retirees' financial expectations. Tax imports... yes.