The Blob Meets the Heartland – The Atlantic

At a time when nearly 60 percent of Americans expect their children to be worse off financially than they are, the middle-class citizens we spoke with sought practical solutions. They saw the opportunities created by expanded trade and foreign investment, and felt the inevitable effects of technology and automation on traditional manufacturing. What they sought was a level playing field to help them compete. As one woman in Marion, Ohio, put it, We will do what we can to reinvent ourselves and look to the future, but just let us have a fighting chance.

Jim Tankersley: We killed the middle class. Heres how we can revive it.

The Carnegie task-force report offers an array of detailed recommendations to help ensure that U.S. foreign policy delivers for the middle class. Three broad priorities stand out.

First, foreign-economic policy needs to aim less at simply opening markets abroad, and much more directly at inclusive economic growth at home. For decades, the economic benefits of globalization and U.S. leadership abroad have skewed toward big multinational corporations and top earners. This needs to change.

The U.S. government has to help ensure that the advantages of globalization are distributed more equitably, by supporting industries and communities disadvantaged by market openings. A crucial step is to create a National Competitiveness Strategy to guarantee that governmentat all levelsplays a more active role in helping our people and our businesses thrive in the 21st-century global economy. Rather than focus simply on reducing the costs of doing business in the United States, we ought to emphasize enhancing the productivity of our workforce, investing in education, and reinvigorating research and development in biotechnology, artificial intelligence, nanotechnology, and other key pillars of our economy in the decades ahead.

Another important dimension of this new approach is to think beyond the manufacturing sectoras important as it isand also address the concerns of the majority of middle-class households whose members work in other sectors, including services. We need to modernize trade enforcement tools to ensure that we can take earlier, faster, and more effective action against unfair trade practices, and put the onus on governmentnot small and medium-size businessesto initiate enforcement measures. The objective should be a far more resilient middle class, served by a foreign policy that helps it compete better, and cushions it against the impact of economic shocks overseas.

U.S. foreign policy should also look beyond trade and prioritize other issues whose economic and social impacts are acutely felt at home. Diplomacy and international partnerships ought to be the first line of defense against the looming threats of climate change, cyberattacks, and future pandemics. A crucial component of immigration reform is active diplomacy that aims to help ensure border security, create safe gateways for the workers and immigrants who add dynamism to our economy and society, and anchor people in Central America and Mexico to a sense of security and economic possibility.

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The Blob Meets the Heartland - The Atlantic

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