Trump and Trade: Better Wages Offset the Cost of Higher Priced TVs

The NYT had a piece assessing which of Donald Trump's promises he would be able to keep if he got in the White House. When discussing trade the piece implied that most workers would be hurt by his efforts to reduce the trade deficit since it would mean higher prices for a wide range of imports. This is faulty logic.

To see the point, suppose that our "free trade" deals had been focused on subjecting doctors, dentists, lawyers, and other highly paid professionals to international competition i...