US-China Trade Deficit—Culprit in US Unemployment

America’s unemployment situation makes the news month after month with analysts offering many reasons, spins, and interpretations of the data.
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US-China Trade Deficit—Culprit in US Unemployment
A machinist uses an industrial saw to cut a steel bar at a workshop IN Shanghai on Aug. 23. A recent paper by the Economic Policy Institute pins a lot of the blame for U.S. unemployment on the U.S. trade deficit with the Chinese state. (Peter Parks/AFP/GettyImages)
9/26/2012
Updated:
10/1/2015
<a><img class="size-large wp-image-1781426" src="https://www.theepochtimes.com/assets/uploads/2015/09/machinist_150602549.jpg" alt="A machinist uses an industrial saw to cut a steel bar at a workshop IN Shanghai on Aug. 23. A recent paper by the Economic Policy Institute pins a lot of the blame for U.S. unemployment on the U.S. trade deficit with the Chinese state. (PETER PARKS/AFP/GettyImages) " width="590" height="443"/></a>
A machinist uses an industrial saw to cut a steel bar at a workshop IN Shanghai on Aug. 23. A recent paper by the Economic Policy Institute pins a lot of the blame for U.S. unemployment on the U.S. trade deficit with the Chinese state. (PETER PARKS/AFP/GettyImages)