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May 7, 2025
Did ‘China Shock’ Throw Millions of Americans Out of Work?
In a Wall Street Journal op-ed Monday, Treasury Secretary Scott Bessent claimed that “3.7 million Americans lost their jobs” due to the “China Shock”—the increased import competition occurring after China was granted membership…
November 22, 2024
A Side Effect of the Booming Job Market: Wage Inequality Is Way Down
Lessons of the post-COVID economy. When voters tell you what they are concerned about, believe them. Exit polls from the presidential election the show that the economy ranked first among voters’ concerns…