He is quite right about these matters.
One point I have to point out:
Why did private sector unions go under, 30 years ago (or more actually), as a prelude to the current assault on public sector ones?
When you are able to offshore your factory, who needs unions anymore?
Where did the advice, that offshoring factories, and buying foreign products rather than those produced by domestic union workers is fine, come from?
Term search: flatly wrong, Krugman, competitiveness.
They all believe in free trade; some, like Krugman, want a little Keynesian deficit spending, tweaking of the dislocation busts, at home, during the global free trading 'troughs'.
See: "Competitiveness: A Dangerous Obsession"
http://www.foreignaffairs.com/articles/49684/paul-krugman/competitiveness-a-dangerous-obsession
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