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The high price of ‘free’ trade: NAFTA’s failure has cost the United States jobs across the nation
NAFTA has also contributed to growing income inequality and to the declining relative wages of U.S. workers without college degree, who made up 72.1% of the workforce in 2001 (Mishel et al. 2003, 163).
The growth in U.S. trade and trade deficits has put downward pressure on the wages of workers without a college degree, especially those who have no formal education beyond a high school degree. This group includes most middle- and low-wage workers, including the 68.5% of the total workforce with the lowest pay, those earning a wage that is equal to 200% or less of poverty level wages in 2001 (Mishel et al. 2003, p. 134).
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Throughout the entire article, jobs are again and again referred to "labor intensive". China, which pays it's "labor intensive" workers an average of $172 a month will soon feel the pain of "robots", a million of which are being installed to replace millions of workers. They could be installed here, considering we are or will be the number one energy producer in the world. Along with robots comes metals, electronics, computers, scientists, technicians, engineers and all the infrastructure involved.
Bernie is fighting for jobs that soon won't exist anywhere. We have to look ahead. Not behind.
America has 5.8 million job openings
That's why business is struggling to find qualified workers. Just making college free won't turn out good workers, it will turn out more people with art degrees. Don't get be wrong, I love art, but we need more than pretty pictures.
NAFTA has also contributed to growing income inequality and to the declining relative wages of U.S. workers without college degree, who made up 72.1% of the workforce in 2001 (Mishel et al. 2003, 163).
The growth in U.S. trade and trade deficits has put downward pressure on the wages of workers without a college degree, especially those who have no formal education beyond a high school degree. This group includes most middle- and low-wage workers, including the 68.5% of the total workforce with the lowest pay, those earning a wage that is equal to 200% or less of poverty level wages in 2001 (Mishel et al. 2003, p. 134).
=======================================
Throughout the entire article, jobs are again and again referred to "labor intensive". China, which pays it's "labor intensive" workers an average of $172 a month will soon feel the pain of "robots", a million of which are being installed to replace millions of workers. They could be installed here, considering we are or will be the number one energy producer in the world. Along with robots comes metals, electronics, computers, scientists, technicians, engineers and all the infrastructure involved.
Bernie is fighting for jobs that soon won't exist anywhere. We have to look ahead. Not behind.
America has 5.8 million job openings
That's why business is struggling to find qualified workers. Just making college free won't turn out good workers, it will turn out more people with art degrees. Don't get be wrong, I love art, but we need more than pretty pictures.