The Carrier deal: Trump has won a battle, but is losing the war

Last week, President-elect Donald Trump announced that a deal had been struck for the Carrier Corporation to keep about 1,000 manufacturing jobs in the US rather than move them to Mexico. Laura A. Reese and Gary Sands write that the subsidy deal – despite the positive reaction – should not become a model for the Trump administration’s jobs policies. Rather than choosing winners or losers, they argue, Trump should pursue greater investment in education, research, public services, and other policies which will drive long-term economic development.