The liberal elite, crying over its “winder” lifestyle
As quoted in the Wall Street Journal:
"Even Americans most likely to be winners from trade -- upper-income, well-educated professionals, whose jobs are less likely to go overseas and whose industries are often buoyed by demand from international markets -- are increasingly skeptical."
The important change is that very well-educated and upper-income people compared to five to 10 years ago have shifted their opinion and are now expressing significant concern about the notion of ... free trade," said Bill McInturff, a Republican pollster who helps conduct the Journal survey. Among those earning $75,000 or more, 50% now say free-trade pacts have hurt the U.S., up from 24% who said the same in 1999.” After four decades of trade agreements that put blue collar, high school educated workers out of their livelihoods, the "well-educated and upper-income" have begun to feel uneasy! The newborn “winders” aren’t so windy after all!
Perhaps they feel the deflation at work in the value of their degrees; a BA is the new HS diploma -- is that right? I understand a PhD hardly assures you a job, and you are treated like a serf until you obtain tenure.
As we have observed here before, absent jobs, it won't matter how much education the average American receives: degrees don't produce jobs.
Capitalism is taking away jobs. On the one hand, this is due to technology in the form of automation; on the other, "good jobs" are only however many innovations away from becoming reconstituted in a low-wage form.
One of the points I try to make to the "well-educated and upper-income" is that having four decades of something like this on your back feels different than if you're only having second thoughts about it now.
You could even make the argument that people experiencing vastly different things have very different ways of expressing themselves politically, with more distressed communities less inclined to "take it down a notch for America."