Former U.S. Trade Representative Bob Lighthizer laid bare Wednesday what he said were the troubling economic trends caused by decades of increased outsourcing and hyper-globalization.
During an appearance on the “Tucker Carlson” podcast, Lighthizer discussed a decrease in U.S. economic growth, which marked a shift from the robust growth experienced in prior decades. Lighthizer also talked about the detrimental effects of wealth transfer overseas.
“So let me give you a point here. If you think from the 1960 to 1980, and then 1980 to 2000, and 2000 to the present, think in those three increments,” Lighthizer told Carlson. “From 1960 to 1980, we had 14 years of plus 3% GDP growth, all right, reasonable GDP growth. From 1980 to 2000, again, we had 14 years of plus GDP growth. Since 2000 to now, we have had three years, and one of those was COVID, which doesn’t really…
