Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
Look, any cut in greenhouse gases is going to be expensive for American consumers, who are in no mood to bear additional costs.
You ask, "Could we have an honest discussion about earnings insurance?" I think we could, if people understood that the alternative was to build up a backlash against global capital, against free trade, against technological change.
I don't think that our problem, our jobs problem, is fundamentally a problem of trade. I think it has much more to do with the fact that we have not sufficiently educated our population. We have not got out of this great recession with adequate stimulus and adequate fiscal and monetary policies over all.
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