Top Economist Makes Case For Why New Laws Are Destroying Jobs

Top Economist Makes Case For Why New Laws Are Destroying Jobs

McDonald’s automated kiosk (REUTERS/Rick Wilking) A former top federal economist warned in an opinion piece Wednesday government policies are often counterproductive to the jobs they’re meant to save.

Industries phase out employment opportunities naturally due to factors like robotics and automation. Lawmakers have proposed policies to preserve and improve jobs, but often, those ideas backfire. International Trade Commission Former Chief Economist Peter Morici said a better approach is to prepare people for the jobs not easily replaced.

“The robotics and artificial intelligence revolution is all around us,” Morici wrote in a piece for Fox News. “Tasks requiring complex manual dexterity have […]

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