If this day means anything, it means that you are now in the contingent of the responsible. You must be kind, yes, but you must also look beyond your own house. We're depending on you for your efforts and your vision. We are depending on your eye and your imagination to identify what wrongs exist and persist, and on your hands, your backs, your efforts, to right them.
It should be possible to emphasize to students that the level of employment is a macroeconomic issue, depending in the short run on aggregate demand and depending in the long run on the natural rate of unemployment, with microeconomic policies like tariffs having little net effect. Trade policy should be debated in terms of its impact on efficiency, not in terms of phoney numbers about jobs created or lost.
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