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Fixing the American Labor Markets
Note to listeners: The entire text version, with the charts and data is available, for free, at www.clpnewsnetwork.com
Our podcast today expands on President Trump’s comments about economic growth, under his administration, in order to focus more attention on the structural damage that the poorly-negotiated trade policies had on the American labor markets.
In the 1950s and 1960s, one part of the American economy that made America great were the stable jobs and internal career ladders that began with a private sector portal of entry into many high-wage occupations.
In that former era, the term “upward occupational mobility,” characterized much of the American dream of working hard and getting ahead in society.
Prior to the trade agreements in 1990, the college degrees and training certificates of young people entering the work force acted as a credential to get in the door of a company for an interview.
After the trade policies and the series of economic chaos inflicted by the Fed, stable jobs and internal career paths vanished. A college degree in economics now leads to a dead-end job as a bartender in New York.
Technology innovation was the initial factor endowment that provided job stability and upward occupational mobility, in the former period of time.
One consequence of the trade policies is that it allowed the national comparative advantage of technology innovation to slip away to America’s trading partners.
For the past 40 years, the political system in America has not addressed the fundamental structural economic weaknesses in American labor markets created by the loss of America’s technological superiority.
Fixing the American labor markets, in order to Make America Great Again, starts with re-claiming America’s comparative advantage in technology innovation.
Our podcast concludes that Trump’s new Apprenticeship Training program is the right policy model for making upward occupational mobility real again, but his program needs to be targeted to training and education in the nine high technology industrial clusters that create most of the technology innovation.
I am Laurie Thomas Vass, and this is the copyrighted Citizen Liberty Party News Network podcast for July 21, 2019.
Our podcast today is under the CLP topic category Economic Growth and is titled, Fixing the American Labor Market.
The tables and charts mentioned in the audio are available to view in the text version, on our website.
The most recent podcast of the CLP News Network is available for free. The entire text and audio archive of our podcasts are available for subscription, at the CLP News Network.com.
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By CLP News Network with Laurie Thomas VassNote to listeners: The entire text version, with the charts and data is available, for free, at www.clpnewsnetwork.com
Our podcast today expands on President Trump’s comments about economic growth, under his administration, in order to focus more attention on the structural damage that the poorly-negotiated trade policies had on the American labor markets.
In the 1950s and 1960s, one part of the American economy that made America great were the stable jobs and internal career ladders that began with a private sector portal of entry into many high-wage occupations.
In that former era, the term “upward occupational mobility,” characterized much of the American dream of working hard and getting ahead in society.
Prior to the trade agreements in 1990, the college degrees and training certificates of young people entering the work force acted as a credential to get in the door of a company for an interview.
After the trade policies and the series of economic chaos inflicted by the Fed, stable jobs and internal career paths vanished. A college degree in economics now leads to a dead-end job as a bartender in New York.
Technology innovation was the initial factor endowment that provided job stability and upward occupational mobility, in the former period of time.
One consequence of the trade policies is that it allowed the national comparative advantage of technology innovation to slip away to America’s trading partners.
For the past 40 years, the political system in America has not addressed the fundamental structural economic weaknesses in American labor markets created by the loss of America’s technological superiority.
Fixing the American labor markets, in order to Make America Great Again, starts with re-claiming America’s comparative advantage in technology innovation.
Our podcast concludes that Trump’s new Apprenticeship Training program is the right policy model for making upward occupational mobility real again, but his program needs to be targeted to training and education in the nine high technology industrial clusters that create most of the technology innovation.
I am Laurie Thomas Vass, and this is the copyrighted Citizen Liberty Party News Network podcast for July 21, 2019.
Our podcast today is under the CLP topic category Economic Growth and is titled, Fixing the American Labor Market.
The tables and charts mentioned in the audio are available to view in the text version, on our website.
The most recent podcast of the CLP News Network is available for free. The entire text and audio archive of our podcasts are available for subscription, at the CLP News Network.com.