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North American Free Trade Agreement
Why these new manufacturing jobs won't save the American middle class
Why these new manufacturing jobs won't save the American middle class

One of the more shortsighted and self-destructive policies local governments embrace is the pursuit, via tax breaks and other enticements, of manufacturing plants. The idea is that if a municipality gets a company to relocate a factory within its borders, then riches will flow from the added jobs. It doesn’t usually work out that way. In reality, such competition ends up marginally benefiting the company and its shareholders at the expense of the community from which the factory moved, and the taxpayers of the community it moved to. And even the promise of the new manufacturing jobs rings hollow, according to this new report by the National Employment Law Project. While manufacturing...

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