[lbo-talk] Krugman on globalization today

Jonathan Schwarz jonathan.schwarz2 at verizon.net
Sat Sep 6 14:42:50 PDT 2003


On Saturday, September 6, 2003, at 05:27 PM, Shane Taylor <s-t-t at juno.com> wrote:


> From an interview at Liberal Oasis (via MaxSpeak):
>
>> PK: If you think about it, the jobs in North Carolina,
>> that are now being lost to foreign competition, are
>> jobs that were once in New England, and were lost
>> to competition from North Carolina. There is a
>> cycle in these things.

There's a "cycle"? Meaning that these jobs will eventually migrate back to New England? And then the process will begin anew?



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