In the House Chamber when hes giving his state of the Union Address and shout out you lie when in fact he was telling the truth. When you try to undo a policy that has helped hundreds of thousands of young men and women come out of the shadows, and go to school and go to work, and you vote in favor of that, then youre no different from the guy who yells out that immigrants are rapists, that they bring crime and drugs to this country. And so you cant try to separate yourself from the stick you come from. And no one should try to distance donald trump from the republicans in congress. They are one and the same. He is just an offspring of what we have seen over the years coming from republicans in congress. And so its time to change, because if youre a bystander, youre allowing things to happen, and for many people, including me, this becomes very personal, because donald trump and republicans in congress are talking about my parents, and about me, and its time for us to stand up and say
The institution, and delighted to welcome you to for thick larry important and timely event we all know that trade has become a central issue in the domestic political debate. We know that the impact of trade on jobs and wages is central to that debate, and we now have with us today the leading experts on that topic of the impact of trade on u. S. Jobs and wages, david otter and gordon hansen, along with david dorn, they have done a series of papers that i think are fair to say are the definitive work on the topic widely regarded and widely yod and cited throughout the national debate. In fact, so much so that a couple people coming up and meeting them before the event said you are rock stars, were delighted we knew you back when, which i think is probably accurate. Also, i must say, very much to their credit, they have on the one hand quite objectively analyzed some very severe adverse impacts of past china shock trade flows on the u. S. Economy and u. S. Labor, and at the same time t
Get into them and the whole problem will go away. I think that is fundamentally an evasion of a profound social challenge. Raise the issue of the minimum wage and unions and Bargaining Power of workers, but it strikes me were faced with a conund rum in a sense these changes make the imperative of giving workers more sort of Bargaining Power and a higher minimum wage make that more compelling and important but at the same time those same technologies make it easier for employers to replace workers who become too expensive with machines, so how do we thread that needle . Well, i think that is a real challenge and one of the ways i think a lot of us have talked about, not just the minimum wage, but the earned income tax credit which is a way of encouraging people to work and sharing some of the benefits from the economy to people who are are working and maybe not making very high wages. Through the tax code, not the employer, employee relationship. One of the differences is that while it
That it becomes more and more clear to me and erik that the future is coming at us more than the experts are predicting. That means the economic consequences are coming more quickly than a lot of us are expecting and makes the discussions for today all the more important. Thanks very much. [ applause ] thank you all for joining us this morning. My name is melissa carney. I have the privilege of moderating our First Panel Discussion this morning. This panel is going to take the premise that andy and erik laid out for us, that there has been rapid technological advance particularly in the information center. We will ask the question what does that imply for the future of work, the future of workers and the nature of employment in this country in particular . As we tried to lay out in our hamilton project framing paper there are a lot of views on this topic and in particular if this will be good or bad on that or how good or bad on that for society. Fortunately this morning we have a real