The following article by Brendan Duke was posted on the Center for American Progress website April 5, 2017:
President Donald Trump campaigned as a champion of American workers, but his administration is increasingly looking like that of a typical trickle-down conservative.
One area some believe could prove an exception is trade policy, where President Trump has promised to bring back good manufacturing jobs and reduce the U.S. trade deficit. While President Trump’s discussion of trade policy is frequently filled with his usual falsehoods and distortions, there is truth to the fact that large, persistent trade deficits have contributed to stagnant wages and—when combined with low interest rates—falling employment rates for American workers. Continue reading “Trump: Making the Trade Deficit Great Again”