Manufacturing Growing 714% Faster Under Trump Than Obama

[shockedcanadian]

Thanks Obama....for nothing!

Get 'er done Trump! American Middle Class is returning, and fast.

NBC News issues correction on Grant-Lee coverage after Trump balks
The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected.

The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock market loose from its doldrums, with the Dow posting a 747-point gain.

With the December jobs number, President Trump now has two full years of economic performance to compare with his predecessor, President Obama. The two biggest statistical standouts are:

• Manufacturing jobs are growing at a 714% faster clip under Trump than over a similar time under Obama , and;
• Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times faster than government jobs.

 

[Fort Fun Indiana]

Let's see the result:

 

[william the wie]

This is very good news.

 

[Penelope]

Free Traders Wrong About Effect of Tariffs, of course

 

[Penelope]

Thank you Obama for saving the US from the great recession caused by Bush Jr.

 

[Penelope]

Thanks Obama....for nothing!

Get 'er done Trump! American Middle Class is returning, and fast.

NBC News issues correction on Grant-Lee coverage after Trump balks
The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected.

The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock market loose from its doldrums, with the Dow posting a 747-point gain.

With the December jobs number, President Trump now has two full years of economic performance to compare with his predecessor, President Obama. The two biggest statistical standouts are:

• Manufacturing jobs are growing at a 714% faster clip under Trump than over a similar time under Obama , and;
• Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times faster than government jobs.

Come to find out its an opinion article and tweet.
312,000 Jobs Added In December, Manufacturing Growing 714% Faster Under Trump Than Obama

 

[Meathead]

View attachment 238527

Thank you Obama for saving the US from the great recession caused by Bush Jr.

Took Obama 8 years to take us from recession to stagnation. Took Trump 2 years to take us from stagnation to prosperity.

 

[Penelope]

View attachment 238527

Thank you Obama for saving the US from the great recession caused by Bush Jr.

Took Obama 8 years to take us from recession to stagnation. Took Trump 2 years to take us from stagnation to prosperity.

Most of the people have not gone into prosperity, just because gas is down at the pumps, everything has gone up. You might want to grocery shop, and pay the bills.

 

[Slyhunter]

View attachment 238527

Thank you Obama for saving the US from the great recession caused by Bush Jr.

Took Obama 8 years to take us from recession to stagnation. Took Trump 2 years to take us from stagnation to prosperity.

Most of the people have not gone into prosperity, just because gas is down at the pumps, everything has gone up. You might want to grocery shop, and pay the bills.

I just paid $200 for a TV that used to cost $5,000. We can afford to tax imports to bring that price back up a bit for luxuries.

 

[Pilot1]

And this is occurring as the Fed has raised INTEREST RATES FOUR TIMES under Trump. Obama had historically low interest rates, and yet still had a very weak economy. The Fed lowered interest rates during Obama's entire term. Quantitative Easing should have created record GDP growth and record low unemployment. Neither happened under Obama, but is happening under TRUMP.

Thanks Trump!

 

[BuckToothMoron]

After reading the first several post....

- the tariffs are bringing back manufacturing jobs (maybe) to the US. The consumer is paying for those new jobs, plain and simple, good or bad.

-Presidents get too much credit and too much blame for the economy. They can have an affect to be sure, but they can’t reverse or control natural cycles.

- The Federal Reserve (the people who control money supply and interest rates) can have a significant and profound affect on the economy. Unfortunately they can’t always predict what the affects will be, nor anticipate the unintended consequences. The Fed lowered interest rates and printed money during the BO presidency to try to create growth. Ultimately they created very little growth, but manage to get the stock market to an all time high.

Now we have better growth, and a stock market bubble that is beginning to burst.

 

[Meathead]

View attachment 238527

Thank you Obama for saving the US from the great recession caused by Bush Jr.

Took Obama 8 years to take us from recession to stagnation. Took Trump 2 years to take us from stagnation to prosperity.

Most of the people have not gone into prosperity, just because gas is down at the pumps, everything has gone up. You might want to grocery shop, and pay the bills.

The inflation rate in fact is stable even with economic expasion:

 

[william the wie]

After reading the first several post....

- the tariffs are bringing back manufacturing jobs (maybe) to the US. The consumer is paying for those new jobs, plain and simple, good or bad.

-Presidents get too much credit and too much blame for the economy. They can have an affect to be sure, but they can’t reverse or control natural cycles.

- The Federal Reserve (the people who control money supply and interest rates) can have a significant and profound affect on the economy. Unfortunately they can’t always predict what the affects will be, nor anticipate the unintended consequences. The Fed lowered interest rates and printed money during the BO presidency to try to create growth. Ultimately they created very little growth, but manage to get the stock market to an all time high.

Now we have better growth, and a stock market bubble that is beginning to burst.

It's definitely being called a stock bubble but the real bubble is the disintegration of the blue wall tax base.

 

[McRocket]

Thanks Obama....for nothing!

Get 'er done Trump! American Middle Class is returning, and fast.

NBC News issues correction on Grant-Lee coverage after Trump balks
The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected.

The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock market loose from its doldrums, with the Dow posting a 747-point gain.

With the December jobs number, President Trump now has two full years of economic performance to compare with his predecessor, President Obama. The two biggest statistical standouts are:

• Manufacturing jobs are growing at a 714% faster clip under Trump than over a similar time under Obama , and;
• Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times faster than government jobs.

Ummm...I assume you missed this:

US Manufacturing PMI Plunges To 15-Month Lows

'Following weakness in China and Eurozone PMIs, US Manufacturing's final print for December also disappointed, dropping to 53.8 (below its flash print) to the slowest since Sept 2017.

Business confidence tumbled to its lowest since October 2016 and New orders hit a 15-month low.

The rate of job creation softened to an 18-month low. Although firms noted an increase in workforce numbers following greater production requirements, others suggested that low rates of employee retention had weighed on growth.'

US Manufacturing PMI Plunges To 15-Month Lows

United States Manufacturing PMI | 2019 | Data | Chart | Calendar | Forecast

Manufacturing is going down - not up.

 

[deanrd]

Thanks Obama....for nothing!

Get 'er done Trump! American Middle Class is returning, and fast.

NBC News issues correction on Grant-Lee coverage after Trump balks
The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected.

The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock market loose from its doldrums, with the Dow posting a 747-point gain.

With the December jobs number, President Trump now has two full years of economic performance to compare with his predecessor, President Obama. The two biggest statistical standouts are:

• Manufacturing jobs are growing at a 714% faster clip under Trump than over a similar time under Obama , and;
• Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times faster than government jobs.

How come the link doesn't work?

 

[Jomama]

Let's see the result:

Wow, Trump's deficit spending policies have made such a massive impact. Looks to me like Bush and Obama'a deficit spending had a bigger impact.

 

[sealybobo]

And this is occurring as the Fed has raised INTEREST RATES FOUR TIMES under Trump. Obama had historically low interest rates, and yet still had a very weak economy. The Fed lowered interest rates during Obama's entire term. Quantitative Easing should have created record GDP growth and record low unemployment. Neither happened under Obama, but is happening under TRUMP.

Thanks Trump!

Why are the feds lowering interest rates soon?

Here’s Trump’s “house money” thought process: “The U.S. economy is in great shape. That means I can call out these other lame-o countries on trade. And if it hurts our economy, Powell will cut rates.”

I’d make the same argument with regard to the president’s confrontational policy with Iran.

To take this a step further, is it the case that because President Trump is so unpredictable, we, generally speaking, need lower rates during his tenure to mitigate that uncertainty?

 

[Jitss617]

Let's see the result:

Democrats are lying to you:


The Trump economy is working for every American


Wages for workers without a high school degree rose 6.1% last year


The Democrats’ open borders would harm the most vulnerable Americans


RT if you want 4 more years of America FIRST!

 

[edthecynic]

The Fed lowered interest rates during Obama's entire term.

LIAR!
As you worthless lying scum CON$ervoFascists well know, the FED NEVER lowered rates under Obama.

 

[Fort Fun Indiana]

The Fed lowered interest rates during Obama's entire term.

LIAR!
As you worthless lying scum CON$ervoFascists well know, the FED NEVER lowered rates under Obama.

Don't bother trying to argue economics or even simple historical facts with these cultists. You are wasting your time.