InvestorsHub Logo
Post# of 214468
Next 10
Followers 39
Posts 5465
Boards Moderated 0
Alias Born 08/19/2009

Re: None

Wednesday, 05/08/2024 2:11:51 PM

Wednesday, May 08, 2024 2:11:51 PM

Post# of 214468
One old guy only talks a lot of empty talk, the other old guy just quietly walks the walk.

https://fred.stlouisfed.org/series/AMTMNO




https://www.bloomberg.com/news/newsletters/2024-04-05/world-economy-latest-the-data-behind-biden-trump-factory-job-pitches

Trump likes to proclaim that his trade wars and tax cuts fueled his own manufacturing renaissance. The pandemic shock put an enormous dent in that, however, and over his four years in office the US actually lost a net 75,000 manufacturing jobs.

Even if you strip out the 2020 pandemic year, the picture isn’t as rosy as Trump or his supporters portray. Manufacturing employment under Trump peaked at 12.8 million in January of 2019, more than a year before the pandemic hit, and 43,000 factory jobs were lost in the 12 months after that peak.






Communities That Lost Manufacturing Jobs Are Main Beneficiaries of Biden Administration’s New Industrial Policy
New analysis finds that private investments from the Infrastructure Investment and Jobs Act, CHIPS and Science Act, and Inflation Reduction Act are being announced in the communities that have been hit hardest by disinvestment in American manufacturing.
https://www.americanprogress.org/article/communities-that-lost-manufacturing-jobs-are-main-beneficiaries-of-biden-administrations-new-industrial-policy/



Still increasing with new manufacturing being planned and built.




.

Two people you should never trust:
A religious leader who tells you how to vote.
A politician who tells you how to pray.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.