The economy in the US tops the chart for the argument against rather than for globalization -- at least in the manufacturing industry. In the study, "Trade, Jobs, and Wages," by the Economic Policy Institute, lead author and economist Josh Bivens says that the argument is well-supported. Two topics shape the study: job loss in the US due to trade deficits and downward pressure on wages. Jobs are created by American exports but destroyed by imports; hence, the rising trade deficits cause job-loss, said Bivens. This imbalance in the US economy heightens economic insecurity by causing workers to search for new work or accept jobs of lower quality. According to Sylvia Nasar, economics writer, productivity is a basic yardstick of an economy's health.
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