Charles E. Schumer Quotes
The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.
Topics
Automation
Globalization, Globalism
Government, Governments
Offshoring
Outsourcing
Technology
Bottom Line
Economic Disparity, Income Divide, Income Equality, Income Inequality
Job Loss, Job Losses
Labor Market
Middle Class
Economic Impact
Global Labor Market
Income Loss
Job Automation
Job Displacement
Job Outsourcing
Technological Advancement
Wage Inequality
Wage Reduction
Good-paying Jobs
Citations
Schumer, Charles E. "Remarks on the Tea Party and the Middle Class." Center for American Progress, 23 Jan. 2014.
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Charles Ellis Schumer is an American politician serving as Senate Majority Leader since January 20, 2021. A member of the Democratic Party, Schumer is the senior United States senator from New York, a seat he has held since 1999. He is the current dean of New York's congressional delegation.