Robert E. Scott
Senior Economist and Director of Trade and Manufacturing Policy Research
By Area of Research:
Despite seemingly stable U.S. trade balance, rapidly growing trade deficits in non-oil goods could lead to American job losses
February 5, 2016 | By Robert E. Scott | BlogThe U.S. Census Bureau reported that the annual U.S. trade deficit in goods and services increased from $508.3 billion to $531.5 billion from 2014 to 2015, an increase of $23.2 billion (4.6 percent).
January 13, 2016 | By Robert E. Scott | ReportSummary Currency manipulation distorts trade flows by artificially lowering the cost of U.S. imports and raising the cost of U.S. exports, and is the leading cause of stubbornly high U.S.
A Conservative Estimate of ‘The Wal-Mart Effect': Wal-Mart’s growing trade deficit with China has displaced more than 400,000 U.S. jobs
December 9, 2015 | By Robert E. Scott | Briefing PaperIn the long history of false promises made by trade negotiators, the claim that China’s entry into the World Trade Organization (WTO) in 2001 would reduce the U.S.
December 3, 2015 | By Robert E. Scott | Economic SnapshotThe idea that high manufacturing wages in the United States are causing growing job losses and declining U.S. export competitiveness is common, but incorrect.
December 2, 2015 | By Robert E. Scott | Briefing PaperIntroduction and key findings The decline of manufacturing in the United States over the past 15 years has been well documented: 5.4 million manufacturing jobs and over 82,100 manufacturing establishments were lost between 1997 and 2013.
November 20, 2015 | By Robert E. Scott | BlogBy closing loopholes in the Buy American Act, the 21st Century Buy American Act will increase demand for U.S. manufactured goods and create at least 60,000 to 100,000 U.S.
October 9, 2015 | By Robert E. Scott | BlogThis week, President Obama announced the completion of negotiations on the proposed Trans-Pacific Partnership (TPP). The TPP, which is likely to drive down middle-class wages and increase offshoring and job loss, has been widely criticized by leading members of Congress from both parties.
October 5, 2015 | By Robert E. Scott | Press ReleasesStatement from EPI Director of Trade and Manufacturing Policy Research Robert E. Scott on the announcement that the United States and other countries reached an agreement on the Trans-Pacific Partnership (TPP).
Congress Must Act to Save the 190,000 to 640,000 U.S. Jobs at Risk Due to Chinese Currency Devaluation
August 17, 2015 | By Robert E. Scott | BlogChina’s decision to devalue its currency last week means that it has chosen to export its unemployment problem, rather than take the hard steps needed to restructure its domestic economy.
August 12, 2015 | By Robert E. Scott | BlogOn Tuesday, China announced the largest one-day devaluation of its currency in more than two decades. Make no mistake—although authorities claimed this policy was a shift toward more market-driven movements, the value of the currency is tightly controlled by China’s central bank.
August 11, 2015 | By Robert E. Scott | Issue BriefThe United States lost 5 million manufacturing jobs between January 2000 and December 2014. There is a widespread misperception that rapid productivity growth is the primary cause of continuing manufacturing job losses over the past 15 years.
June 23, 2015 | By Robert E. Scott | BlogFast-track trade legislation is the first step in the process of greasing the skids for the proposed Trans-Pacific Partnership (TPP), and any other trade deal proposed by this president or any other for the next six years.
June 18, 2015 | By Robert E. Scott | BlogIn a jointly authored statement, former EPI board members and U.S. Labor Secretaries F. Ray Marshall and Robert Reich called on Congress to reject Trade Promotion Authority and the Trans-Pacific Partnership because that deal will “harm America’s working people.” Despite this statement, the House today approved a truncated version of Fast Track (TPA) that excludes funding for Trade Adjustment Assistance for displaced workers.
June 10, 2015 | By Robert E. Scott | BlogThe House is expected to vote this week on fast track authority to negotiate two massive trade deals, including the proposed Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (T-TIP).
May 13, 2015 | By Robert E. Scott | AudioEPI’s Rob Scott joined NPR’s “On Point” to discuss the debate over trade, globalization, and the TPP. Watch the video
May 12, 2015 | By Robert E. Scott | Policy MemoCurrency manipulation distorts trade flows by artificially lowering the cost of U.S. imports and raising the cost of U.S. exports, and is the leading cause of stubbornly high U.S.
April 29, 2015 | By Robert E. Scott | AudioEPI’s Rob Scott spoke with NPR’s “Morning Edition” about potential U.S. jobs lost due to rising imports from the proposed Trans-Pacific Partnership.
April 28, 2015 | By Robert E. Scott | BlogLast week, the president claimed that critics who say that the Trans-Pacific Partnership (TPP) “is bad for working families… don’t know what they are talking about.” But the truth is, there is an emerging consensus that globalization has put downward pressure on the wages of most working Americans, and has redistributed income from the bottom to the top.
April 23, 2015 | By Robert E. Scott | Economic SnapshotCurrency manipulation distorts trade flows by artificially lowering the cost of U.S. imports and raising the cost of U.S. exports, and is the leading cause of growing U.S.
The Consequences of Neglecting Manufacturing: Compared with Other Nations, U.S. Has More Import Competition in Leading Export Industries
April 20, 2015 | By Robert E. Scott | Issue BriefDespite the fact that it is the second largest exporter in the world, the United States is also the only major exporter that has consistently run overall goods trade deficits for more than two decades.
April 13, 2015 | By Robert E. Scott | BlogThis post originally appeared in The Huffington Post. This week, Senator Hatch will reportedly introduce “fast track” (trade promotion authority) legislation in the Senate, to help President Obama complete the proposed Trans-Pacific Partnership (TPP), a trade and investment deal with eleven other countries in Asia and the Americas.
April 8, 2015 | By Robert E. Scott | BlogThis post was updated at 5:43 pm to reflect additional analysis. Today, the Washington Post fact checker, Glenn Kessler, claimed that Public Citizen’s analysis of the Korean Free Trade Agreement (KORUS) is based on flawed economics and faulty math.
March 30, 2015 | By Robert E. Scott | Blog(Update of a blog post from March 14, 2014). March 15th was the third anniversary of the U.S.-Korea Free Trade Agreement (KORUS).
What’s Wrong with the TPP? This deal will lead to more job loss and downward pressures on the wages of most working Americans
March 17, 2015 | By Robert E. Scott | BlogIn a recent op-ed in the Washington Post, three prominent economists, David Autor, David Dorn, and Gordon Hanson make a number of controversial arguments in favor of the proposed Trans-Pacific Partnership (TPP).
March 13, 2015 | By Robert E. Scott | Fact SheetUnfair trade deals have lowered the wages of U.S. workers by displacing jobs and weakening the bargaining position of low- and middle-wage workers.
Business Roundtable Study Fails the Laugh Test: The U.S. Trade Deficit has Cost Millions of U.S. Jobs
March 3, 2015 | By Robert E. Scott | BlogThe United States had a goods and services trade deficit of approximately $463.5 billion in 2013, which cost millions of U.S.
March 2, 2015 | By Robert E. Scott | BlogIn December I showed that growing trans-Pacific trade deficits would set the stage for growing trade-related job displacement. New data released this month show that the U.S.
February 25, 2015 | By Robert E. Scott | Economic SnapshotCurrency manipulation by Japan—the second largest currency manipulator in the world—is a major driver of the U.S.-Japan trade deficit, which cost nearly 900,000 U.S.
February 20, 2015 | By Robert E. Scott | BlogThe 69th Economic Report of the President (ERP), released this week, has much to recommend it—especially its focus on policies needed to rebuild middle-class economics, including raising the federal minimum wage and increasing job-creating investments in infrastructure, science, and technology.