GJ. Sorry, I should have replied to yours first. Here goes.
Possibly for the reason that manufacturing jobs as a precentage of total jobs has been steadily declining for decades now, and many manufacturing jobs are done overseas.
You seem to think this negates my point. But no, this IS my point. Manufacturing jobs have declined as a % of total jobs because of rising productivity in the manufacturing sector. There has also been the ability to buy cheaper imports. Thus, the range and number of goods available to US wage earners has risen over the decades. That is what rising real wages are.
Please don’t - I hate argument by anecdote. I do not doubt that manufacturing jobs are declining as a % of the workforce. I challenge your assumption that this automatically means real wages are falling. You cannot extrapolate the experience of one firm (or industry) to a whole economy - you will jump to false conclusions.
When I want to know about the effects of global trade on US jobs and wages, I turn to trade theorists and economists whose professional lives are spent analysing these questions and whose reputations depend on rigorous independent research.
To review current literature on trade and wages over the last 30-odd years: Average real wages have risen in the US; skilled wages have risen relatively quickly; unskilled wages have fallen. Standards of living have improved for all except the lowest 20% of households. (Even this data may be compromised by the inability to reflect product innovations - colour TV instead of B&W, better quality screens, textiles, PCs, mobile phones, etc…)
Global trade has been just one of several factors raising average real wages.
Trade is just too small a % of the overall US economy to account for anything but a small part of the decline in UNSKILLED wages.
It seems more likely that technological innovations have so raised the price of skilled labour and lowered the value of unskilled, that it is technology that has caused the decline in unskilled wages.
GJ.
I am quite happy to continue this part of the argument - but perhaps on a different thread. If you want to talk about global trade and US wages, lets take it up on the anti-globalisation thread. If you want to talk about the US economy in more general terms, please start a new thread. Let’s try and keep this one focussed on US troops in South Korea. On issues of trade/wages, I am likely to quickly get going and cause this thread to drift off-topic - my fault, not yours!