In Herr Trump's piñata of hollow slogans, hyperboles and plain lies, the one about "buying American and hiring American"—with its implicit promise to resuscitate a manufacturing sector that withered away decades ago—stands out as one of his most appealing and appalling promises. Exhibit A sits on the shelf next to the TV in our living …
Tag: manufacturing jobs
Looking-glass economics
A few days ago the New York Times told the sad story of the closing of a Carrier air conditioner manufacturing plant in Indianapolis and the transfer of those 1,400 jobs to Monterrey, Mexico. The workers' fury over losing their jobs faithfully echoed the debate lines of both Donald Trump and Bernie Sanders whose wildly …