The anti-New Deal line is wrong as a matter of economics. F.D.R.'s spending programs did help the economy and created millions of new jobs.
Advanced technology changes the way we work and the skills we need, but it also boosts productivity and creates new jobs.
Since the announcement that Boeing was going to open a plant in Charleston, South Carolina, Boeing has actually created 2,000 new jobs in Washington state. So it's hard to say you are retaliating against the union when you create 2,000 members to their role.
The way AI complements people's work, it actually creates a lot of new jobs, a lot of demand. For example, if a automatic visual inspection technology helps spot flaws in manufacturing parts, I think that in some cases, this does create a lot more demand for people to come in to rework or to fix some of the parts that an AI has found to be flawed.
I think that solving the job impact of AI will require significant private and public efforts. And I think that many people actually underestimate the impact of AI on jobs. Having said that, I think that if we work on it and provide the skill training needed, then there will be many new jobs created.
I'm naturally curious, and I've always been driven by my curiosity. Curiosity gets people excited. Curiosity leads to new ideas, new jobs, new industries.
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
Like so many free trade deals before and since, Nafta was sold as a massive opportunity for working people and their prospects. Forecasts spoke of hundreds of thousands of new jobs in all three countries. The reality could not have been more different.
In terms of job creation, every billion dollars invested in the physical infrastructure creates 47,000 new jobs.
Republican governors are leading the way in helping the private sector create new jobs, reforming government and getting our economy back on track.
