Economic consensus generally holds that in both cases—the integration of the global economy through free trade, on one hand, and greater technological efficiencies, on the other—the changes will have a net benefit across the world.
[citation needed] Robert Litan and Lori Kletzer proposed the idea for wage insurance in United States in the 2001 paper A Prescription to Relieve Worker Anxiety.
In the document Robert LaLonde argues that the United States' Trade Adjustment Assistance should be modified to include a form a wage insurance.
[3] The basic concept became the United States Department of Labor's Alternative Trade Adjustment Assistance for Older Workers (ATAA).[when?]
[citation needed] Writing in 2016, Kletzer noted that Barack Obama mentioned wage insurance at a public address.