Sen. Ben Sasse, R-Neb., has made his mark in the Senate as an articulate defender of conservative principles.
He has been at the forefront of the debate over trade, tariffs, and protectionism.
Sasse appeared on a Heritage Foundation panel Friday focused on trade and the North American Free Trade Agreement, or NAFTA, in terms of what it means for national security.
The Nebraska senator laid out six “theses” on how to frame issue of trade, a topic that he said media and politicians have badly misconstrued.
1.) Technology, not trade, is the main driver of job change, disruption
The American people generally view trade in terms of job change and disruption, Sasse said, but this is a mistake.
“Technology, not trade, is overwhelmingly the driver of job change and job disruption in America,” Sasse said.
He said that leaders need to bring more clarity to this issue so that we can better understand the incredible changes happening globally.
Sasse compared the current economic changes to the last century and a half and how America transitioned from an agricultural to industrial society.
It’s “ridiculous” to make America like 1950 again, Sasse said, “in terms of large-scale industrial jobs, and no one is going to make America 1850 again in terms of agricultural jobs, and none of us would think that we would want that.”
“In 1900, 41 percent of workers worked on a farm,” Sasse said. “Today it’s well under 2 percent. Total agricultural output is off the charts higher in terms of quantity and quality than 118 years ago.”
A similar change is happening to industrial jobs, according to Sasse, but politicians deceive the public into thinking they can bring them back them back through trade manipulation.
2.) Economically, trade has been ‘indisputably’ good for America
It’s “historical reality” that trade has benefited the United States enormously from …read more
From:: Daily Signal – Feed