The recent deal struck by President-elect Donald Trump with Carrier to retain many hundreds of jobs in Indiana rather than moving them to Mexico was an attempt by Trump to deliver on a campaign promise to bring back American jobs. Despite the good intentions behind this move, and the obvious relief of the workers who would benefit, it is unlikely to be the model for restoring U.S. jobs in manufacturing or other sectors on a large scale.
The problem Trump is attempting to address is all too apparent. The forces of globalization and technological change have hollowed out the middle […]
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