China Deal Redux

[Max Sawicky]

. . . imports eliminated almost 1.1 million domestic job 
>opportunities, for a net loss of 880,000 high-wage manufacturing 
>jobs.

This is pretty standard arithmetic for anti-free traders, but is it 
justified? With some 22 million new jobs in this expansion, talk of 
job loss lacks political resonance - but let's leave cycles out of 
this. . . .
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Yes, the paper is really about job composition, not
absolute loss.  The job loss rhetoric is used in
rebuttal to the free trader's job gain rhetoric.
Unfortunately, it's the way the public (mis)understands
the debate.

mbs