Prometheus 6

Daniel Drezner discusses an article by Robert Reich that shows how manufacturing jobs are disappearing worldwide, not just in the USofA…and the culprit isn't China. It's a change in manufacturing itself.

So when you hear the reason the promised job creation hasn't materialized is China's currency manipulation, you'll know it's bullshit. And Matt Yglesias' satire aside, it's something that will be increasingly disruptive.