The vast majority of Americans say that cheap foreign labor displacing U.S. jobs contributed to the collapse of the American manufacturing industry that occurred decades ago.
House Republicans are expected to approve a gigantic “H-2C” guest-worker bill on Wednesday that allows the nation’s food industry to employ one million low-wage, foreign guest-workers — regardless of how many Americans would lose their skilled or unskilled jobs in
California officials now plan to outsource the production of high-tech trains for their hugely expensive fast-rail network, and have quietly dumped their commitment to buy American-made trains.
The United Kingdom’s Brexit from the European Union is a “canary-dying-in-the-coal-mine” warning of disaster for commercial real-estate winners in the globalist economy, just as the Lehman Brothers’ 2008 bankruptcy was a dramatic warning of disastrous losses in middle-class manufacturing jobs.
The tax rates paid overseas by U.S. multinational tech-companies are at least 25 percent lower than they pay domestically, according to a new report from WalletHub.
New winners and new losers are being created as intelligent robots and 3-D printers shrink the payoff from international trade and global outsourcing.
