Job Losses have more to do with Trade Policy than Automation
"The number of manufacturing jobs was little changed from 1970 to 2000. From 2000 to the end of 2007 (before the Great Recession) we lost 3.4 milllion manufacturing jobs as the trade deficit exploded. Fans of logic and arithmetic might think there is a connenction there," writes Dean Baker, Center for Economic and Policy Research, Washington D.C. (Oct. 23rd, 2019)