Economic Benefits Quotes
Foreign trade creates jobs and eliminates jobs. The people who lost jobs as the result of increased foreign trade are readily identified while the job beneficiaries may never know the reason. So it is a hard political sell even though most of the economic studies have showed that more jobs of more value are created by trade than lost. However, the losers are generally blue collar workers while the beneficiaries are generally white collar and knowledge workers. So there is a socioeconomic class differentiation in the trade issue.
For the previous 7 years the economy had grown but almost all the benefits went to the rich producing a dramatic period where the average worker did not even get a raise under the George W. Bush economic and tax policies.
Every refugee and immigrant group has had to provide the “value” to which he refers. Usually this has been in the form of labor or scientific-cultural skills.