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Economists say that free trade generally promotes U.S. economic growth and a higher standard of living. In addition, proponents of free trade say, the U.S. job losses will be overcome as businesses and workers shift into more profitable industries.
But here in Catawba County, the high unemployment rate has dampened confidence in such notions.
“The people in the think tanks keep saying we are going to become — what’s the term? — an ‘information and services’ economy,” said Allan Mackie, manager of the North Carolina Employment Security Commission office. “That doesn’t seem to be working out too good.”
More from Ken Silverstein:
Perspective — October 23, 2013, 8:00 am
How pro-oil Louisiana politicians have shaped American environmental policy
Postcard — October 16, 2013, 8:00 am
A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits
Rolls of toilet paper Chicago’s city government has produced this year from recycled City Hall wastepaper:
Two thirds of U.S. teenagers experience uncontrollable rage.
Russia lost, then regained, contact with a satellite carrying five geckos sent to copulate in zero gravity.
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“I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.”