Bloomberg: Middle-class Americans were "fleeced" by neoliberalism

If only this were true.

Very many of those “lost jobs” (be it to foreign workers or countries) were lost because consumers could not afford (or would not pay for) goods at a rate that could sustain a properly paid workforce. Non-fair-trade goods (and the masses demand for them) created the situation you describe.

The problem now is that those same masses now have less disposable income and cannot afford to pay fair trade rates for goods. You can demand people “buy American”, but that doesn’t work if they can’t afford to.

IMHO, at this point society needs to be weaned off of cheap, disposable non-fair-trade goods while simultaneously subsidizing low-income families to purchase local. Only then can we expect jobs to return at fair wages that people can afford to work for.

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