WHAT IT IS
- America First. Mr. Trump ran his campaign on the promise to bring jobs back to America, announcing that he plans to create 25 million new American jobs.
- Trump claims the U.S. has lost a third of its manufacturing jobs since NAFTA in 1994 (based on this study by the Economic Policy Institute), but research largely shows that manufacturing jobs are lost to technology, rather than trade.
- For the Rust Belt, industrial decline was a result of several factors ranging from climate and unionization.
WHY IT MATTERS
To create more American jobs, the Trump administration is pushing to cut taxes and reduce regulations for both big and small businesses. Economists are divided on whether tax cuts would really create more jobs.
WHERE WE ARE NOW
- In the name of bring back manufacturing jobs to America, the Trump administration risks a trade war with Mexico, China, and Canada.
THINGS TO THINK ABOUT
- Potential ways to create more jobs here.
- What makes a business “American”?
- While Trump continues talk about coal mining jobs, advanced energy is a remarkably rapidly growing industry and has created 3.3 million jobs in the U.S.
- The investigation into the labor practices in China, focusing on the shoe manufacturer for the brand owned by Ivanka Trump, intimates that low-end factory work is moving from rural China to other countries like Ethiopia. Made in China may soon be no longer.