Myths we live by

Losing jobs like cutting, sewing and working on a loom is a sign of progress because working in factories is unpleasant. It’s good for most Americans when factory jobs are replaced by engineering and design jobs. Art Carden, an economist from Sanford University’s Brook School of Business, explained that “one could argue that the American uniforms were not manufactured in China, but grown in the soybean field in Iowa. We export soybeans to China. Because we’re incredibly productive in the soybean market, we get more uniforms at lower prices (and) the Chinese get more soybeans at lower prices. … Everybody wins.”

Contrary to protectionists like Sen. Reid, if we insisted that everything be made in America, we’d be poor.

John Stossel