VP Vance: ‘Globalization’s Hunger for Cheap Labor Is a Problem, Precisely Because It’s Been Bad for Innovation’

Vance I d ask ░░░░░░░░ friends both on the ░░░░░░░░ optimist side and on ░░░░░░░░ populist side not to ░░░░░░░░ the failure of the ░░░░░░░░ of globalization as a ░░░░░░░░ of innovation Indeed I ░░░░░░░░ say that globalization s ░░░░░░░░ for cheap labor is ░░░░░░░░ problem precisely because it ░░░░░░░░ been bad for innovation ░░░░░░░░ our working people our ░░░░░░░░ and our innovators gathered ░░░░░░░░ today have the same ░░░░░░░░ and the solution I ░░░░░░░░ is American innovation because ░░░░░░░░ the long run it ░░░░░░░░ technology that increases the ░░░░░░░░ of labor Innovations like ░░░░░░░░ American system and the ░░░░░░░░ parts revolution it sparked ░░░░░░░░ Ford s moving assembly ░░░░░░░░ that skyrocketed the productivity ░░░░░░░░ our workers that s ░░░░░░░░ American industry became the ░░░░░░░░ of the world And ░░░░░░░░ s what I really ░░░░░░░░ to talk about today ░░░░░░░░ innovation is key to ░░░░░░░░ the worldwide manufacturing competition ░░░░░░░░ giving our workers a ░░░░░░░░ deal and to reclaiming ░░░░░░░░ heritage via America s ░░░░░░░░ industrial come back and ░░░░░░░░ believe that s what ░░░░░░░░ re on the cusp ░░░░░░░░ a great American industrial ░░░░░░░░ back.”