Back in 2009, I began a relentless campaign against this country’s moronic libertarian trade policies. My memes spread far and wide, and even Satan’s ambassador himself, Larry Kudlow, felt the need to refute them on CNBC. But not even the forces of Hell can stop a good meme, and victory is mine.
On October 2, 2010, the Wall Street Journal reported on a poll showing that the American people have turned against free trade. But that’s not all; we have actual, concrete improvements. The multinationals are (finally!) letting up on offshoring. Here is a monthly chart of jobs lost to offshoring. It begins in May 2009, when a record 97,152 jobs were exported (click to enlarge):
This data shows that in recent months, jobs lost to offshoring have dropped below 10,000 per month. And I am taking credit for 2010′s improving jobs picture. I believe that the multinationals are restraining themselves for publicity reasons. Not only do companies like General Electric want to look less sinister to consumers, but they are also trying to prevent political blowback that would spoil their global sweatshop paradise.
But as welcome as these improvements are, if you look at the long-term offshoring charts, you will see that the trend is still up due to the 2009 offshoring orgy. So, the pressure must be kept on until President Trump can renegotiate our trade deals in 2012.
And let the record show that during the Great Recession, the multinationals betrayed America by turbo-charging their offshoring operations. How do you describe 337,056 jobs offshored in 2009? Revolting. Disgusting.
You probably haven’t heard about this data before. That’s because the government doesn’t publicize it, and the mainstream media won’t tell you about it. You will never see charts of this data on CNBC. But the NAFTA bill contained provisions to help displaced workers, and diligent federal bureaucrats do indeed count them.
Note to bloggers: You have permission to post these charts as long as you link to http://www.dailyjobsupdate.com/public/offshoring. Also, I will send you a copy of my spreadsheet if you promise to link to that page. Send me an email at the address on the About page.