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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (51518)	3/3/2008 8:43:56 PM
From: neolib	Read Replies (1) \| Respond to of 543140

What else do you need to know? How much the labor force is working. Using the metrics as computed, you have not a clue whether 60% of the population which is "employed" is working 1 hr/week or 40 hours per week, and whether their pay is going up or down. Both of which are factors one might suspect could be impacted by foreign trade. How can you possibly use any of your metrics to show that American workers have not been negatively impacted by free trade? The only believable way is to appeal to some additional data. The additional data might be inflation adjusted worker income. How has that gone over the last couple of decades? Of course that in itself does not prove anything either, as attribution in economics is even more squirrely than attribution in climate change. But it at least is meaningful.