What you have in the United States is a quite rational response to the failure of policy to deal with these dislocations. But the other thing that gets confounded is trade and trade agreements. But you wrote about how cotton has remained king in the United States, in large part because of government policy. Donald Trump campaigned on getting good deals, keeping jobs in the United States, rebuilding our manufacturing. Does the political power structure in the United States have any way to actually reverse the course of economic history?

Source: New York Times January 15, 2017 12:00 UTC