1/30/2017 CNN Money
President Trump portrays Mexico, China and global trade as the biggest threats to American manufacturing jobs.
“It has been a one-sided deal from the beginning of NAFTA with massive numbers of jobs and companies lost,” Trump tweeted on January 26.
His predecessor also offered a warning to American workers, of a different kind.
“The next wave of economic dislocations won’t come from overseas. It will come from the relentless pace of automation that makes a lot of good middle class jobs obsolete,” President Obama said in his farewell address.
Research supports Obama’s claim. Far more jobs are lost to robots and automation — better technology — than trade with China, Mexico or any other country.