Manufacturing Growing 714% Faster Under Trump than Obama

About 10 more months.
Easier to just burn it, cause it's so cheap I guess.

 

He started out with a plummeting economy and job losses already in free fall.

But it is legit to argue for a net job gain vs a gross job gain measurement. It still doesn't negate the fact that obama's last two years in office created more jobs than in trump's first two years.

But Trump does get some credit for riding the wave and not falling off his board.

 

Which is why it made so much money for american business and created millions of jobs.

But I totally understand how Trump's bullshit bumpersticker can get imprinted on some. Particularly those who have no friggin clue about the subject to begin with. Dunning Kruger rules.

 

Average GDP annual GDP growth over 8 years of 1.5% is not a "wave". It's economic disaster.

 

If you say left wing propaganda enough times it actually becomes true in your head, right? Like Trump told Cohen to lie to Congress, Brett Kavanaugh is a serial rapist, and Michael Brown had his hands up when shot. ROFL

Let's not worry about those little pesky things like facts that leftists hate so much.

 

You seem to expect a perfect and entirely painless transition and I dont

 

I am talking about non-farm jobs. Rate of growth is down under Trump. Private sector employment. Rate of growth is down under Trump.

This thread was started on the basis that, in manufacturing, rate of job growth is way up under Trump. Well, for one thing, the data was cherry-picked. Current job growth in manufacturing is similar to the first couple of years of Obama's second term. It slowed in the last couple of years of his term and that is what is being compared with Trump. Not the full record, but a couple of years where job growth slowed.

Second - if you click on the link in the OP (and you compare rates of job growth), manufacturing is the only sector where Trump is ahead.

I'm not saying things are bad. Not at all. I just object to the selective use of data to try to score political points.

 

If they can solve the continuing technical problems, I can see fussion as a means of stationary power generation. I can't imagine it's use in a transportation machine, but hey, who knows?

An HFC makes sense to me given the abundance of Hydrogen. Still costly for sure, but I have to believe those costs will come down as some of the technical hurdles are overcome, and volume ramps up.

 

Yes, but that only works with a great disparity of power being on one side of the equation. For a tariff to be strong, it requires that the item/material is heavily needed by one side, and/or mainly controlled but he other. They the items being produced will actually hurt the others economy without them, etc,etc,etc. What we have here is a trade war between the number 1 and number 2 economies in the world, with resources that are produced by both.

Thats why I have said since the beginning that Trump needs to be careful with tariffs with CHina, because they have leverage and power here that hes not factoring in. Which is why you see them starting to put tariffs on good they produce that we dont.

 

That would be the case if your broker was the same guy for the entire transaction. If you took your money to a different broker 6 months into the deal and he recovered all of it, HE would get credit for all of it.

All dues respect Sage, but that is even more prevelant in the political arena and you know that. By your logic., Since Obama gave Trump an economy that was booming, Trump shouldn’t get any credit for tat growth since he had not enacted any policies for that growth right ? I mean the trajectory and growth WAS started under Obama right ?

 

WOW...just WOW......

How did NAFTA work for the american worker

 

He was incorrect. It's 75 months of consecutive jobs growth. The most of any US president in history

 

the data shows this to be bullshit.

 

Says who? Non-farm payrolls

And the lower the unemployment rate the more people working the harder it is to increase that number but are having a STRONG increase in the numbers working and the LFPR is now ticking back after falling all this years under the Democrats and Obama's policies. When you are coming out if the bottom of a recession you expect HUGE job grow in a strong recovery. We didn get that under the Democrats and even Obama had to admit it didn work and then went so far as to say those manufacturing jobs would never come back to excuse his failures.

 

]
Umm. I provided a link to a report that identifies the loss of manufacturing jobs to the decline of the middle class.

The following excerpt is from that article:

Also, since 2000 about 58,000 factories have been closed. At the same time the large manufacturers have shut down production lines and offshored many products which cut their manufacturing workforce by 2.9 million people. These actions have had an enormous affect on communities, particularly small rural communities that depend on only a few plants for employment.​

The wrenching pain of job loss is not just the pain of manufacturing blue-collar workers. Many office and professional white collar jobs are being shipped out of the country.

The second part of this problem is about laid off workers being forced into low wage jobs or temporary positions.​

You have provided nothing to refute that report, but your opinion.

Why don't you practice what you preach?

The ball is in your court. Hit it, or forfeit the game.[/QUOTE]

Of course I did since as you agree the trend has been in effect since the sixties and you can only document manufacturing job loss since 2000. Therfore it is proven that the stagnation of the middle class cannot be attributed to manufacturing job loss.

 

blue has been shown the congressional voting record from 2001-2007 which policies led to the crash, he's also been given the economic data showing the HUGE jobs growth under Obama starting in 2010, UE rate, LFP, etc. He is completely immune to facts.

 

the data is clear. We had HUGE jobs growth under Obama. He cut UE in half after the republican caused recession shot it up to double digits.

 

A 4% growth in the total number of manufacturing jobs in two years just isn't manufacturing coming back to America.

 

The trend line is a straight line. That is a fact. trump does get credit for not screwing it up ( yet).

 

That he did, and they kept falling. For quite some time. I also don’t give him the pass others do as he was a senator so bears some responsibility. He didn’t inherit it so much as take the reins after being a part of it, IMO.

 

Here is a chart of total manufacturing payroll in the United States. You can click on the ten year or max below the chart. The fact that manufacturing payroll isn't significantly increasing is beyond dispute.

https://tradingeconomics.com/united-states/manufacturing-payrolls

 

He could, but not you. Did YOU make 15 grand or 5? You made 5.

I don’t give either of them credit. Congress has the power of the purse, businesses make or lose money.

I am an independent. I voted for Ann Richard’s dead body this past presidential election.

 

Of course I did since as you agree the trend has been in effect since the sixties and you can only document manufacturing job loss since 2000. Therfore it is proven that the stagnation of the middle class cannot be attributed to manufacturing job loss.[/QUOTE]

No data supports your claim.

Have a nice day.

 

I was referring to the numbers that the OP linked to. He specifically referred to rate of growth.
non-farm rate of job growth under Obama 3.6%. Under Trump it is 3.3%. The rate has slowed.

All I am saying is that if you give credit to Trump for the increase in the rate of job growth in manufacturing, you have to acknowledge that he is responsible for slowing the rate of growth elsewhere. You don't get to say he deserves credit for one without accepting responsibility for the other.

And look at that graph you posted. Recession in 2008. Took a couple of years to turn things around, then starting in 2010 there has been steady job growth. There is no real change when Trump took office (or since). Trump is continuing the trend that was well under way with Obama. Good for him in not screwing things up, but based on your graph you can't really argue that he has had any impact on employment.

 

And 2010 started after the HUGE job losses and after the HUGE Obama stimulus failed to stop it. It accompanied a 10% unemployment rate and a falling LFPR and it the jobs were lower tiered lower paying jobs. That has been turned around and that started as Republicans took back control of the government. Now voters made the mistake of putting the Democrats back in control of the House and we already see their attempts to reverse all that with their anti-business, anti-investor, pro big government and pro more strangling regulations. Do you really want to go back to that?