“One fact that’s being overlooked here is that there are losers in this equation. There’s no free lunch in free trade. You can be principled about free trade, but if you don’t say how do we compensate and retool the losers you miss part of the equation,” says Hira.
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“I hear a lot of people say ‘look at healthcare; there’s a shortage of nurses,'” says Hira. “So you’re saying to someone, you have your four-year electrical engineering degree, you’ve worked in the industry for 15 years and you’re in your late 30s with kids and you now have to go back and study nursing. Is that the answer?”
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“The core technology development and strategy best resides where it is today,” says Bingham. “The reason is that this is the right place to be for the things that have to come together. The U.S. has unmatched infrastructure. The U.S. has a robust leading education system, venture capital, capital markets and an open, free legal system. It’s also a safe place to live. Most countries simply can’t replicate that.”