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The US granted China permanent normal trade relations in 2000. Between 2000 and 2015, US imports from China more than quadrupled, increasing the decline of manu
by causalarrow 8y ago
The US granted China permanent normal trade relations in 2000. Between 2000 and 2015, US imports from China more than quadrupled, increasing the decline of manufacturing jobs.
According to Autor, Dorn & Hanson (2016):
"Adjustment in local labor markets is remarkably slow, with wages and labor-force participation rates remaining depressed and unemployment rates remaining elevated for at least a full decade after the China trade shock commences"
- DigiMortal 8y agoThey took er jobs and gave us fentanyl