Policy, Not Productivity, Behind Manufacturing Job Loss
Over the past decade, as 5.7 million manufacturing jobs were vanishing, many prominent economists and policymakers said the job loss was inevitable. They reason, they said, wasn’t a lack of national manufacturing policy, growing incentives for U.S. firms to move jobs offshore or flawed trade policies. They pointed to increased productivity as the main culprit. A new report debunks that claim.
