Don’t Blame Trade: Low-Skilled Job Losses Will Not Be Solved by Protectionism

Alexander Hitch: “We need to roll TAA into a general job-training program for low-skilled labor. This can be accomplished by including it as part of a larger effort to retrain those in low-skilled labor sectors and struggling regions. Ideally, this program would be expanded into a new social contract for all American workers by providing more focused schooling opportunities and supplementing it with tax-free business incentives in particularly hard-hit geographies. To start, eligibility for benefits can be expanded to include industries affected by global economic trends (automation) that cannot directly prove the loss of jobs to trade, per se.”

“President Trump should tackle the problem of job dislocation broadly – and not focus on trade itself – by building a larger retraining system in sectors where the US possesses a comparative advantage. Yes, determining funding will be key to this effort. But I can think of $21.6 billion ways to begin.”

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