The role of both state and federal government is crucial to building economic growth in the coming years. Bruce Katz, vice president of the Metropolitan Policy Program and Campaign 2012 Project Director Benjamin Wittes discuss what the next president must do to galvanize the talents and energies of America’s cities, metropolitan areas and states to steer the economy in a positive direction.
If we [the United States] have less access to these [international] markets, we're going to have fewer opportunities to create jobs in the export sector. Also, if we decide to tax imports, there are a lot of people in this country dependent on imports and we're also going to see people lose their jobs.
The jobs China is accused of stealing, many were lost a long time ago to Korea or Japan and moved from there to China. A lot of that job loss occurred because of technology change. [And despite Trump's promises to bring jobs back to the US,] nobody in the US would do them at the wages companies would want to charge. Those jobs are never going to be gotten back.