Kevin Drum made a huge mistake in an article last week, “Free Trade” Is an Election-Year Nothingburger. I’ll get to his more general point in a bit, but he really blew it. And he even knows it. He wrote, “It’s always dangerous arguing with [Dean] Baker…” Yes! Yes it is! And when you find yourself writing things like “This is probably a bad idea, but…” you probably shouldn’t write it!
What he did was totally straw man Baker’s argument that globalization has been a one-way street. Baker has long argued (because it has long been true) that it has been free trade for manufacturing workers and others who don’t make a whole lot of money. And it has be big time protectionism for highly paid people like doctors and lawyers. This is, of course, not the only problem with globalization, but it is a really important one.
Kevin Drum calls foul, saying it “really doesn’t hold water.” So how is that? Well you see, when manufacturing jobs go overseas, the stuff they make still has to “meet American standards.” But that wouldn’t be true of the doctors who were coming to the United States! Because as we all know, French and Japanese doctors (who make half what American doctors make) are no good at their jobs! That’s why people die so young in those countries. Oh, wait…
But here’s what really makes me mad about Kevin Drum’s argument: Dean Baker has addressed this issue virtually every time he’s talked about free trade as it applies to highly paid professionals. He’s always going on about foreign doctors training to American standards. In fact, I’ve been somewhat annoyed about it. I’ve thought, “Enough! I get it!” But apparently, he didn’t say it enough because Kevin Drum, who is really smart and who I greatly admire, did not get it.
What bothers me in a more general way, however, is that Kevin Drum’s article is mostly a defense of the Trans-Pacific Partnership (TPP). Well, maybe not a defense. It’s more, “Pay no attention to that man behind the curtain!” Most people don’t see trade deals as having hurt them, so who cares?! Well, that’s the way it is with large scale processes. Certainly Kevin Drum would never make the argument that global warming isn’t happening because some town in Mississippi has actually seen a slight decrease in temperature over the last two decades. He wouldn’t see that as a reason to do nothing about global warming. But when it comes to trade, he’s willing to make that argument.
There are, of course, many people who know that all our “free” trade agreements have affected them directly. Erik Loomis highlighted one in a recent article, Capital Mobility and Trumpism. A Carrier factory is being moved to Mexico. And an executive kindly told the laid-off men and women, “Workers there [in Mexico] typically earn about $19 a day — less than what many on the assembly line here make in an hour.” As Loomis noted, “The doctrine of unrestricted free trade has been basically bipartisan for many decades now. But no one ever thought hard enough about what this would look like when all the manufacturing jobs were gone.” That’s because those in power didn’t and don’t care, at least for as long as there isn’t a fascist takeover of the country.
What’s particularly bad is that Kervin Drum is not alone in his apologetics. I’ve been seeing a lot of liberal cheer leading recently for the TPP. Did a secret memo go out? It’s especially interesting when Paul Krugman, who has always been very pro-free trade, is now backing away from new trade deals. So it is a very good thing that people like Dean Baker keep hammering away at them. Kevin Drum should know better than to create a straw man out of Baker’s arguments. Just what does Drum think he’s doing?
Afterword: Dean Baker Responds to Kevin Drum
Dean Baker responded to Kevin Drum’s article, Kevin Drum Strikes Out Big Time on Trade. I don’t think he made his strongest case, probably because he likes Drum.
Afterword: the Battle Continues
Kevin Drum was right to be worried about a fight. After Baker’s article, Drum wrote, Dean Baker Needs Better Trade Comparisons. It’s a face-saving article. Basically, Drum is conceding the point but trying to argue about the specific case with doctors. But this is why, “It’s always dangerous arguing with Baker…” Dean Baker is having none of it, More on Kevin Drum’s Protectionism for Doctors. Unfortunately, this is not a “pass the popcorn” moment, because Baker and Drum are more or less in agreement. Still, it is pretty funny because of Drum original comment. It is always dangerous arguing with Dean Baker no matter who you are.
Can you imagine President Trump? The worst nightmare. But we can’t say that. Because it could happen. This is one of the wonders of this country. Who would’ve thought Ronald Reagan could be president?
I’ve long argued that conservative voters don’t actually think that differently from liberals. In my conversations with them, I find that we have an enormous amount of common ground. Where things get weird is that conservative voters have a strong tendency toward parochialism — or flat out racism. But in the context of their lives, they get what’s going on: the middle class is shrinking,
We all know how it is that the Republican Party gets the base to vote for it. It’s the same way that Donald Trump is doing it. After all, Donald Trump’s tax plan is
On this day in 1987, Jim Bakker stepped down from his “Praise The Lord” (PTL) church because of the whole
Jonathan Chait reported something that should surprise no intelligent person,
But this case is even worse. Because Obama has effectively given the Republicans everything they could have asked for. As The Wall Street Journal put it, the Republicans can stall on Merrick Garland’s nomination and then “vote for him in a lame-duck session — if Mrs Clinton wins the election.” So there is no threat for the Republicans. They aren’t facing Merrick Garland or someone younger and more liberal; they are facing Garland as their worst case scenario. That’s actually really bad.
On this day in 1968, the US Congress repealed the requirement that the 
So Bernie Sanders had a bad night on Tuesday. But don’t worry, he’s going to come roaring back and win the nomination! Oh, how I love to kid my fellow Bernie Sanders supporters…
Continuing on, there were things that Obama did not get to do that would have been good. And those things were stopped because our more conservative Democratic representatives would not let him. So even Obama’s own presidency wasn’t as liberal as Obama himself wanted. The truth is that the Democratic Party is a very big tent and we on the left need to understand that we are not the party.
Mark Thoma, the gentlest economist around, wrote an article that I mostly agree with,
All of these innovations have allowed the economy to decarbonize quickly without imposing noticeable costs on consumers. The coal industry is in a state of collapse. In just the last year alone, its share of US electrical generation fell from 36 percent to 28 percent. The four largest American coal-mining firms, which were worth a combined $34 billion five years ago, are now worth $150 million — a loss of more than 99 percent of their value.
On this day in 44 BCE, Casca and Cassius were making their final plans for the assassination of Julius Caesar, which would occur the following day. And you might ask, why didn’t I just wait until tomorrow to talk about the assassination? For one thing, I don’t care about the assassination. I’m much more interested in the plays about it than the actual event. That’s the thing about power: there always other powerful people who want to kill you. This is why I like my quiet little life.
In remarks as sharply critical as he’s ever been about the state of the 2016 GOP presidential race, Obama called the GOP presidential debate a combination of “fantasy, and school yard taunts, and sellin’ stuff like it’s the Home Shopping Network.”
The circus was not in town. No personal insults, no demeaning taunts, no candidate bragging about his… well, you know. Instead, thanks in part to some solid questioning from Jake Tapper and CNN’s other moderators and a strategic recalibration from Marco Rubio after his collapse in recent primaries and caucuses, we had what passes for a serious policy debate on the Republican side.