Why Trump’s Factory Job Promises Won’t Pan out—In One Chart

Brookings Institution: “Last week, we wrote that we thought President-elect Donald Trump would be hard-pressed to deliver on his promises to ‘bring back’ large numbers of America’s lost manufacturing jobs, even if he does renegotiate the nation’s trade deals. The reason: Manufacturing work is increasingly carried out by robots, rather than people.”

“The problem for Trump and blue-collar workers is that when manufacturing returns to the states (and several trends favor that), the associated job-creation will not be what it once was. Nor will the difference be just a minor effect – it’s going to be major.”

FavoriteLoadingSave to Favorites
Read previous post:
Growing Out of U.S. Leadership

Adair Turner: "Donald Trump’s election has been greeted around the world with justifiable bewilderment and fear. His victory – following...