Jo Johnson Quotes


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At the time Vidal, who shared this view with many economists, had no inkling of the digital revolution that the PC and Internet would bring, nor the other phenomena that eliminated the need for cheap labor — robotics and offshoring. Nor could he have foreseen the development of fracking making America virtually energy independent as it was before WWII. It appears that the problem has shifted from Vidal's issues, to that of what do we do with the American citizens who do not have advanced skills nor do we have methods of educating them and training them to this level. The quotation illustrates that it is always difficult predicting the future, but particularly hazardous when it comes to economics.


Many free-traders disagree. While there is unemployment in the auto industry from imported cars, there is increased employment in the importing process, the marketing, selling, and maintenance of the imported cars as well as their financing. Further, when trade is open, we can then export products and services to Japan and this creates jobs. No one has ever been able to exactly measure the jobs created so it is an unsettled intellectual economic and political question. However, the people who lose jobs to imports are generally identifiable while the beneficiaries of many of the new jobs created by open trade are never specifically identified, so public opinion is more sympathetic to the former.


Jo Johnson
Jo Johnson
  • Born: December 23, 1971
  • Nationality: British
  • Profession: Politician

Joseph Edmund Johnson, Baron Johnson of Marylebone is a British politician who served as Minister of State for Universities, Science, Research and Innovation from July to September 2019, as well as previously from 2015 to 2018. A member of the Conservative Party, he was Member of Parliament (MP) for Orpington from 2010 to 2019. His older brother, Boris Johnson, has been Prime Minister of the United Kingdom since 2019.