Yes — I was thinking of additional globalization agreements. Thanks for correcting that.
I mean… the whole globalization thing is pretty complicated. Clamp down on it too hard, you’re going to end up restricting companies access to materials they need to produce their goods, which will damage corporations, which will lead to fewer jobs. But, the amount of free reign they’ve been given sure seems to be a compounding factor in our current levels of wealth inequality.
Unfortunately, there’s not an easy soundbite solution to the problem. And yes, the same people resenting that their jobs got exported may start resenting it when the prices of goods go up. Will their quality of life as a whole improve if their incomes and the prices of consumer goods both increase? I suspect yes, as American produced food and the cost of housing would not be subjected to a price increase, but it’s hard to say for sure.