Exchange rate policies, not high wages, are why U.S. lags China and Germany in export performance | Economic Policy Institute

Posted: December 4, 2015 in Economy, Labour

The strategy of pushing manufacturing into low-wage, nonunion states is a race-to-the-bottom strategy that should be rejected in favor of high-road strategies: fighting currency manipulation and doing more to rebuild American manufacturing.

Source: Exchange rate policies, not high wages, are why U.S. lags China and Germany in export performance | Economic Policy Institute

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