> Raise the minimum wage
> Make it easier for workers to bargain collectively for higher wages
> Make more workers eligible for overtime pay
> Provide earned sick time and paid family leave
Good suggestions. Unfortunately, if you do this, the affected jobs will simply be moved overseas to countries where policies like this don't exist. Unless we get rid of free trade policies and impose taxes on foreign trade, to take the money companies save from this form of cost cutting out of their pockets.
Trump is the first President in a long time to actually seriously consider rolling back globalization. People say it's a good thing, citing Ricardian theory. But it has essentially destroyed entire local economies (my hometown being one of them). Economic theory is all well and good, but theory needs to be tested against the real world. The evidence that globalization causes great harm is simply too obvious for me to ignore.
I'm disappointed Trump is starting to get friendly with Xi, instead of following through on his campaign rhetoric and slapping some taxes on imports.
I'm no xenophobe. As far as I'm concerned, those taxes can go away as soon as China stops crapping all over the environment and starts giving its workers the same rights and wages that we give our workers in the US. That way the playing field would be level, and companies would no longer be able to use free trade to exploit their workers.
> Make it easier for workers to bargain collectively for higher wages
> Make more workers eligible for overtime pay
> Provide earned sick time and paid family leave
Good suggestions. Unfortunately, if you do this, the affected jobs will simply be moved overseas to countries where policies like this don't exist. Unless we get rid of free trade policies and impose taxes on foreign trade, to take the money companies save from this form of cost cutting out of their pockets.
Trump is the first President in a long time to actually seriously consider rolling back globalization. People say it's a good thing, citing Ricardian theory. But it has essentially destroyed entire local economies (my hometown being one of them). Economic theory is all well and good, but theory needs to be tested against the real world. The evidence that globalization causes great harm is simply too obvious for me to ignore.
I'm disappointed Trump is starting to get friendly with Xi, instead of following through on his campaign rhetoric and slapping some taxes on imports.
I'm no xenophobe. As far as I'm concerned, those taxes can go away as soon as China stops crapping all over the environment and starts giving its workers the same rights and wages that we give our workers in the US. That way the playing field would be level, and companies would no longer be able to use free trade to exploit their workers.