The assembly line for the 1940 Ford two door sedan, Detroit, Michigan, 1940. (Photo by Underwood President Joe Biden and former President Donald Trump are competing to convince voters that they alone can protect manufacturing jobs, promising to use tariffs , “ Buy American ” rules, and subsidies to get the job done. Their supporters praise their efforts, convinced that the manufacturing jobs once common in the 1950s and 60s are vital to U.S. prosperity. This nostalgia is misplaced. We should not mourn the decline of manufacturing employment that has released millions of people from dull, uninteresting work.
That may […]
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