One of the chasms in today’s political economy relates to manufacturing. Broadly speaking, many elites believe that the one-two punch of globalization (trade) and technology (robotics) has effectively knocked out the sector. But many people disagree. Or, more precisely, they believe that with the right policies, we could support more factory jobs in more places than we do now.
Then there’s the economist Tim Bartik, who wrote an important new paper published by the Center on Budget and Policy Priorities Full Employment Project called “Helping Manufacturing-Intensive Communities: What Works?” Among his findings are that “better skills for local workers help attract and grow higher-wage jobs.”
Read the full perspective at washingtonpost.com.