[csours]

Globalization generally makes things cheaper and easier for consumers, but will also reduce employment in certain areas.

Restoring that employment is a separate track than reducing globalization - that is to say: you can de-globalize and exit whatever trade treaties you like, but those jobs you lost to globalization will not magically come back.

Citizens have been sold a bill of goods in both directions when experts and politicians under-report the side effects and exaggerate the benefits.

[HeavenBanned]

So then how do you stop the bleeding in the form of lost jobs to near slave-wage labor?

[csours]

That is a very good question, and one that I wish more people would ask and consider the implications.

I don't know the answer to that question; I think most economists would tell you that you cannot and you should not try.

Many people talk about "job creation", but a lot of what we hear about job creation is political mumbo jumbo tax reduction bullshit.

Here are a few things that may help job creation from a political or government point of view:

1. Municipalities, State, and the Federal government should rationalize their requirements for starting and running a business. The US is already much better about this than other countries, but reducing bureaucratic friction is always good. This doesn't mean less government, it means smarter government.

2. One quick hit job creator is government infrastructure spending. The US did this after 2008, and so far it's turned out pretty well!

3. In the future there may be fewer jobs. Society needs to start seriously considering localized post-scarcity economies.