Senator Johnson Speaks on Manufacturing
Heritage:
Sen. Ron Johnson (R-WI) spent 31 years in manufacturing before his election to Congress last November. He’s not letting that experience go to waste. Johnson .. criticizes Obama’s recent comments blaming inventions like the ATM for unemployment.
“This is a depressing display of economic ignorance,” Johnson says. He adds: “Technological innovations create jobs. They drive our economy forward, by helping workers be more productive. That raises everyone’s living standards.”
Johnson recounts a story of Milton Friedman’s visit to China. Upon seeing Chinese workers digging with shovels, he asked, “Why not use bulldozers?”. Friedman was told that workers using shovels would create more jobs. He replied, “Then why not use spoons, instead of shovels?”
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