The June 2011 job creation figures were disappointing at best and also underscore the failure of the American economy to create decent jobs. In a New America Foundation article, Rob Atkinson proposes spurring good job creation with a tax holiday to bring overseas profits of U.S. back into the United States, a manufacturing strategy aimed at increasing exports and overcoming the stubborn theology that prays at the altar of the strong dollar.
Innovation, including the diffusion of information technology throughout the economy, is key to boosting productivity, which in turn is at the heart of increasing living standards.
Technology and Automation Create, Not Destroy, Jobs
June 15, 2011
| Blogs & Op-eds
The productivity gains that technology and automation generate—including through self-service technologies such as ATMs, kiosks, and self-checkout machines—ultimately create jobs, not destroy them, as the President recently claimed.