Steve Forbes: 'Automation Actually Enriches the Economy'

Newsmax | 1/12/2017 | Staff
lhumara (Posted by) Level 3
Click For Photo:

Americans need not fear that automation is replacing workers, because a once-again robust economy under President-elect Donald Trump will actually benefit everyone in the long run, Forbes Media CEO Steve Forbes tells Newsmax TV.

“If you have a vibrant economy, automation actually enriches the economy. It's when you have a stagnant economy you have a problem," Forbes told "Newsmax Prime" host J.D. Hayworth on Wednesday.

Robotics - Decades - Robots - Machine - Washers

“We've had robotics for decades but we didn't call them robots; washer machine, dish washers, so we've been having this going on for a long time," said Forbes, author of "Reviving America."

Story continues below video.

Economy - Education - Schools - Cities - Areas

“We have a vibrant economy means we all move up but this is where education is important. Our schools not just in inner cities but even many rural areas are doing a lousy job with our young people," he said.

How to instantly and permanently “reverse” your ED.

Interview - Forbes

In a wide-ranging interview, Forbes said:

Trump would be wise to appoint Newsmax Finance Insiders Larry Kudlow and Stephen Moore to positions in his administration. "I hope Larry Kudlow gets in perhaps as the head of the Council of Economic Advisers. Perfect post for him." he said of Kudlow. "Stephen Moore, whether it's in the White House...
(Excerpt) Read more at: Newsmax
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!