Losing More Jobs to Foreign Competition Under Trump

Losing More Jobs to Foreign Competition Under Trump December 2, 2017

Donald Trump has, with extraordinary hypocrisy, made economic nationalism one of his core messages. He’s sworn that he would bring jobs back that were moves overseas and claims credit for the economy continuing its slow but steady growth (but now, of course, it’s booming!). But a new report says we’re losing jobs to outsourcing at a slightly higher rate since he took office.

orange trump

The number of U.S. jobs eliminated due to foreign competition since President Trump’s election last year has largely kept pace with previous years, according to a new report.

An analysis of Labor Department data by the labor coalition Good Jobs Nation found that more than 93,000 U.S. jobs have been eliminated since Trump’s election due to foreign trade.

That’s roughly on par with the previous five years, which saw an average of 87,500 jobs per year eliminated.

This is hardly a surprise, since not a single piece of economic legislation has passed since he took office (and even if a bill had passed, it certainly would not have been in place long enough to change this reality, no matter what it did). But that doesn’t stop him from claiming credit for this alternate reality he has created to pretend that companies are bringing back jobs to the United States in droves since he took office, which simply is not happening. And it isn’t going to happen no matter what he does.

Companies move jobs out of the country because they make more money that way. They can not only pay lower wages in other countries, they also get out from under a great deal of regulations that protect the environment, worker safety and more. And it simply isn’t worth doing what is necessary to “fix” that “problem.” We don’t need more pollution and worse public health, nor do we need to do away with pensions and vacations and other things that make life better here. Nor is it a good idea to impose protectionist tariff schemes because that will only harm our ability to export to other countries and spark trade wars that no one wins.

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