I read a really short post on another blog about a recent West Wing episode dealing with trade and globalization. The author of the blog said the show was trying to make a point that "globalization was good in the long run, but in the short run it is going to hurt people. Those people will be Americans losing their jobs to cheaper labor in different countries." One of my co-workers tried to explain to me once that it is actually good for people in America when lower paying, production jobs are moved to differenct countries because this creates opportunities for those people to get higher paying, white-collar jobs here. And it allows more people in the U.S. to be creative, pursue education, and come up with technological advances. I guess these would be the long-run benefits to our economy in addition to the long-run benefits to the global economy of globalization.