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Posts Tagged ‘job creation’

Trade: Boosting Exports to China

June 11th, 2013

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Twenty years ago, American businesses flocked to China with vague but ambitious plans to sell its billion consumers everything from toasters to telephones. But in a market that had no meaningful middle class, they found few takers. In the years since, China has successfully tapped into foreign investment and know-how to build a powerful, export-oriented economy—and a rapidly expanding middle class—largely by selling to America’s middle class. Its success has stoked American concerns about trade deficits and the loss of middle-class jobs to low-cost foreign competition.

But China’s ongoing transformation points to a potentially different future: one in which America expands its exports, achieves fairer trade, creates good jobs, and strengthens the middle class—by increasingly selling to China’s burgeoning middle class.

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Bullish on November

April 6th, 2010

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This piece was originally published in Roll Call.

It is becoming clear that progressives need to lay the groundwork to claim success. No, not on health care — the benefits of which may take years to realize ­— but on the economy.

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