SOURCE:
USA TODAYURL:
http://www.usatoday.com/story/opinion/2016/06/05/job-training-trade-donald-trump-hillary-clinton-bernie-sanders-editorials-debates/85049698/by: THE EDITORIAL BOARD
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International trade has taken a beating in this year's presidential campaign. Donald Trump and Bernie Sanders make trade bashing a regular feature of their stump speeches. And even Hillary Clinton turned against an Asian trade agreement that she championed while secretary of State.
To those who like us believe that trade stimulates innovation, lowers prices and gives consumers more choice, this trade bashing has been a big disappointment. It has infected both parties and comes off as a highly cynical ploy to win over voters by playing with their emotions.
However, supporters of responsible trade need to understand why the electorate has turned so sour. They also need to come up with ways to address people's concerns and help those left behind by globalization.
The data show the problem: Manufacturing employment has fallen by nearly 5 million, or about 28%, in the past two decades. Meanwhile, the recovery from the Great Recession remains modest, evidenced by the creation of just 38,000 jobs in May.
But putting a halt to pending trade deals, or even repealing existing ones, is not the answer. The U.S. does not have any commerce agreements with China or Japan. And yet those nations consistently maintain the largest trade surpluses with America. In fact, only three of our 15 largest trade partners — Canada, Mexico and South Korea — have trade agreements with the United States.
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