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Trump and Carrier: how a modern economy is like a parking garage

The economy is not a fixed set of jobs getting shifted around a global chess board - it is in a state of constant churn.

Mr Trump was at the Carrier HVAC plant in Indianapolis, Indiana, on Thursday.

IN the two hours that President-elect Donald Trump spent flying to Indiana on Thursday to boast that he saved 1,000 jobs, about 6,000 private-sector jobs in the United States were probably destroyed.

It's a surprising statistic - one that speaks to the constant state of change in the...

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