Statistics of the Day: Politics-Related

ACADEME BLOG

What is being lost in the discussion of the loss of manufacturing jobs to Mexico and our trade deficit with Mexico is that a very large portion of what we are importing from Mexico is made by American corporations:

us-imports-from-mexico

A very large percentage of the first through third and the sixth categories of goods that we import from Mexico are being manufactured in Mexican plants owned by U.S. corporations.

This movement of U.S. corporations to Mexico is reflected in the investment imbalance between the two nations:

cross-border-investment

So, the 20% tariff on goods imported into the U.S. from Mexico, which is being floated as a way to force Mexico to pay for the proposed wall along the border, will largely be a tax on goods manufactured by U.S. corporations that will now cost U.S. consumers 20% more if they wish to purchase them.

So, to put this very clearly, the displaced…

View original post 131 more words

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About martinkich

I am a Professor of English at Wright State University's Lake Campus, where I have been a faculty member for more than 25 years. I have now served multiple terms as the President of the WSU chapter of AAUP, which now includes all full-time instructional faculty, and as the Vice-President of the Ohio Conference of AAUP. I have also served several terms as an at-large member of the Executive Committee of AAUP's Collective Bargaining Congress. In addition to serving as co-editor of the Academe blog, I am also a member of the editorial board of Academe and have been a guest editor for an issue of the magazine on collective bargaining strategies. As co-chair of the Ohio Conference's Communication Committee, I began to do much more overtly political writing during the campaign to repeal Ohio's Senate Bill 5, which would have eliminated the right of faculty to be unionized. I have sustained that activism, and at the risk of stating the obvious, I have very much enjoyed contributing to the Academe Blog and to our chapter blog. I also maintain several other blogs to which I have re-posted, by topic, my posts to the Academe blog, as well as some other items.

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