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Link: http://economyincrisis.org/content/american-economists-failing-us
Distinguished Princeton economist, Alan Blinder, projected a few years ago that the United States would lose thirty to forty million jobs in the next ten years to off-shoring. In a Washington Post (2/19/10) editorial, “Getting the biggest bang for job- creation bucks,” Blinder writes about job creation when the problem is job loss from off-shoring. It’s intentional. The economists don’t want to recognize that globalization is nothing more than a trade or economic war with production looking for a cheaper country to produce. And the government is the “comparative advantage.” But the economists insist that our government do nothing.