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Benzinga
Benzinga
Business
Vishaal Sanjay

America Has No Will To Help Its Middle Class, Says Economist Richard Baldwin: So Politicians 'Find A Convenient Scapegoat — Globalization'

Close,Up,Of,A,Stack,Of,Us,One,Dollar,Bills.

The United States’ growing turn toward protectionism isn't just about trade deficits or manufacturing jobs – instead, it's about political avoidance, says economist Richard Baldwin.

What Happened: On Tuesday, while speaking on The Big View podcast by Reuters, Baldwin argued that America's middle-class struggles have less to do with globalization and more to do with a chronic failure to provide adequate social policy.

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