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 | BlogMost U.S. goods trade consists of manufactured products. In 2015, manufacturing constituted 86.9 percent of total U.S. goods trade, and 94.3 percent of total trade in non-oil goods. Because manufacturing is such a large employer, rapidly growing trade deficits in non-oil goods are a threat to future employment in this sector.
January 13, 2016 | By Robert E. Scott | ReportThe Trans-Pacific Partnership will likely result in growing trade deficits, trade-related job losses, and downward pressure on wages of the majority of U.S. workers.
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 PaperU.S.-based Wal-Mart is a key conduit of Chinese imports into the American market, and its trade deficit with China eliminated or displaced over 400,000 U.S. jobs between 2001 and 2013.
December 3, 2015 | By Robert E. Scott | Economic SnapshotIf high wages hurt manufacturing competitiveness, Germany's manufacturing sector would be doing worse than the United States.
December 2, 2015 | By Robert E. Scott | Briefing PaperThe strategy of pushing manufacturing into low-wage, nonunion states is a race-to-the-bottom strategy that should be rejected in favor of high-road strategies: fighting currency manipulation and doing more to rebuild American manufacturing.
November 20, 2015 | By Robert E. Scott | BlogThe 21st Century Buy American Act is smart manufacturing policy and a good first step towards rebuilding American manufacturing.
October 9, 2015 | By Robert E. Scott | BlogU.S. jobs and the recovery are threatened by a growing trade deficit in manufactured products, which is on pace to reach $633.9 billion in 2015.
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 | BlogCongress should take advantage of the groundswell of bipartisan concern about the negative impacts of the devaluation of the yuan to pass new laws and resolutions.
August 12, 2015 | By Robert E. Scott | BlogBy choosing to devalue its currency, Chinese officials are trying to solve their domestic economic problems by exporting unemployment to the rest of the world. The United States will be hardest hit by the devaluation of the yuan.
August 11, 2015 | By Robert E. Scott | Issue BriefThe United States lost 5 million manufacturing jobs between January 2000 and December 2014 due to growing trade deficits in manufacturing products prior to the Great Recession and then the massive output collapse during the Great Recession.
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. Last month, the 13 democrats listed in the table below voted to end debate on fast track (Trade Promotion Authority, or TPA), allowing a final vote to take pace. There are strong arguments against the TPP, which will increase inequality and hurt the middle class.
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 MemoIt would be unconscionable for the administration to negotiate, or for Congress to approve, a trade agreement that does not include strong and enforceable tools to end currency manipulation.
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 BriefThe U.S. trade deficit in its top 30 export industries is a consequence of its toleration of massive currency manipulation over many years by China, Japan, and about 20 other countries, the failure to eliminate widespread tariff and nontariff barriers to U.S. exports, and the failure to develop effective strategies for rebuilding U.S. manufacturing.
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.