If we insist that those manufacturing jobs being lost be brought back to America or be given back to American workers...then we all need to be prepared to pay higher prices for everything we consume.
It's obvious from the comments that no American worker is going to work for the same wages as a foreigner.
With all the new technologies being developed, the job market is ever-changing.
Workers have to be prepared to adapt or be left behind.
It's the price we pay for progress in a free market system....
A double-edged sword, indeed!
It is no longer a free market system. Employers can now move the means of production outside the country and still market their product here. We are exporting jobs and they won't come back until our standard of living declines to the point that it roughly equates to places like China, whose standard of living will increase with the influx of capital and jobs. We have lost the comparative advantage. So called free trade needs to be examined closely to understand how it is affecting our economy in the long run.