The other side of manufacturing job loss: Global Trade Is Why Your Television Did Not Cost $6,200 Like It Did in 1964
Automation has also destroyed manufacturing jobs while benefiting consumers.* As automation creeps into other industries, it becomes a much bigger threat than foreign labor. We need a leader with a plan for that challenge, not one who wants to raise consumer prices through protectionist tariffs.
Bringing offshored jobs back – when most of those jobs are going to be automated out of existence – is the opposite of visionary.
*U.S. manufacturing productivity has steadily increased since 1950.