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<p><strong><b><font size=2 color="#003366" face=Verdana><span style='font-size:
10.0pt;font-family:Verdana;color:#003366'>The <st1:place w:st="on"><st1:country-region
w:st="on">China</st1:country-region></st1:place> Trade Toll<o:p></o:p></span></font></b></strong></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana'>Last week Scott published an op-ed in <em><i><font
face=Verdana><span style='font-family:Verdana'>The Huffington Post</span></font></i></em>
where he addressed <a
href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=81rOmP%2Fs%2FPZDIyJXsLdd0FupCYHpgn7G"
title="blocked::http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=81rOmP/s/PZDIyJXsLdd0FupCYHpgn7G"><em><i><font
color="#003366" face=Verdana><span style='font-family:Verdana;color:#003366'>The
Myth of the Manufacturing Recovery</span></font></i></em></a>, and said that
growing trade deficits were largely to blame for the six million <st1:country-region
w:st="on"><st1:place w:st="on">U.S.</st1:place></st1:country-region>
manufacturing jobs that had been lost since 1998. </span></font><o:p></o:p></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana'><a
href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=Eid%2F9yLaIIE6eoYiJ0YZ11upCYHpgn7G"
title="blocked::http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=Eid/9yLaIIE6eoYiJ0YZ11upCYHpgn7G"><em><i><font
color="#003366" face=Verdana><span style='font-family:Verdana;color:#003366'>The
China Trade Toll</span></font></i></em></a>, a 2008 paper by international
economist <a
href="http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=YjkcgUeBcDvZ1rOa2HMJMFupCYHpgn7G"
title="blocked::http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=YjkcgUeBcDvZ1rOa2HMJMFupCYHpgn7G"><strong><b><font
color="#003366" face=Verdana><span style='font-family:Verdana;color:#003366'>Robert
Scott</span></font></b></strong></a> about the U.S. jobs that have been lost or
displaced because of increased trade with China, continues to influence trade
policy discussions. Last month, when President Obama discussed tougher
enforcement of trade rules with Senate Democrats, Senator Arlen Specter cited
the paper's findings that 2.3 million <st1:country-region w:st="on">U.S.</st1:country-region>
jobs had been lost or displaced between 2001 and 2007 as a result of a trade
imbalance with <st1:country-region w:st="on"><st1:place w:st="on">China</st1:place></st1:country-region>.
Scott's paper also looks at how this trade imbalance has suppressed wages and
finds that even when workers displaced by the growing trade deficit found new
work, it was typically at a much lower salary, with an average annual loss of
$8,146 per worker between 2001 and 2007.</span></font><b><font size=2
color="#003366" face=Verdana><span style='font-size:10.0pt;font-family:Verdana;
color:#003366;font-weight:bold'><o:p></o:p></span></font></b></p>
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