What's Different About Stagnating Wages for Workers Without College Degrees?

There seems to be a great effort to convince people that the displacement due to the trade deficit over the last fifteen years didn't really happen. The NYT contributed to this effort with a piece telling readers that over the long-run job loss has been primarily due to automation not trade.

While the impact of automation over a long enough period of time certainly swamps the impact of trade, over the last 20 years there is little doubt that the impact of the exploding trade deficit has had m...