What’s a green job?How surprised will you be if the self-proclaimed Economic Savior's main policy achievements are not working out as advertised?
How much more weight will you give these latest shortcomings if they peak just before November, 2020?
Is President Trump's Economy Floundering? | DCReport.org
"The Commerce Department said this week that despite two years of America First-ism, the U.S. merchandise trade deficit is getting worse rather than better.
"After all the fuss about the tax cuts, it turns out that corporations benefited, not workers.
"And while joblessness is at an all-time low, the economy turns out to be churning out many more jobs at the bottom end of the skills market than middle-class jobs.
"Wages still lag, city centers are still rotting, infrastructure projects are still crumbling, public housing is still in trouble.
"Oh and then there is this massive debt resulting from unpaid for tax cuts.
"At the border, the Trump protectionist approach appears to be not working, as the monthly immigration numbers attest."
When will Trump's supporters notice anything he says is just as likely to be a lie as opposed to the truth?
Americans have so much money they are buying up foreign products. Yea, what a terrible economy...Why has the trade deficit risen to a historic high since Trump took office?Americans have so much money they are buying up foreign products. Yea, what a terrible economy...
Is President Trump's Economy Floundering? | DCReport.org
"Commerce’s final 2018 trade report, delayed by the partial government shutdown, showed that the United States bought far more in foreign goods than it sold to customers in Africa, Asia, Europe and North America. When services are figured into the results, the totals are still much worse than two years ago.
"Again, all this matters to me because Trump has made it such a central measure for success."
So if “trade deficit” is suddenly something regressives care about, where are the Democrat efforts to bring manufacturing jobs back to the US? Where is their support for increased tariffs on foreign made products, and tax incentives for companies to manufacture in the US?
Put up or shut up time.So if “trade deficit” is suddenly something regressives care about, where are the Democrat efforts to bring manufacturing jobs back to the US? Where is their support for increased tariffs on foreign made products, and tax incentives for companies to manufacture in the US?
Put up or shut up time.
Trump's lies about reducing the trade deficit are obvious to anyone capable of reading Commerce's final 2018 trade report (delayed by Trump's government shutdown).
Is President Trump's Economy Floundering? | DCReport.org
"Now we learn from the actual figures that the trade deficit with foreign countries has hit $892 billion in merchandise trade, the largest in the nation’s history. The deficit is $419 billion with China alone, even in the midst of a pressured negotiation to reset trade relations."
Progressives recognize adding millions of productive jobs that pay a living wage will require a federal jobs guarantee and a commitment to decarbonize the US economy:
Why the Green New Deal Includes a Jobs Guarantee
"I think it’s useful to think of the Green New Deal as a mass mobilization effort.
"So here we are really talking about an urgent, very bold, very ambitious program that restructures the economy to make fossil fuels a thing of the past and transition to clean energy.
"The goal here, of course, is to stabilize carbon emissions and to limit warming within the decade.
"So we’re going to be talking about a wide range of jobs that will be in the energy sector, in the agriculture sector, in the infrastructure sector, to address problems of fallout from climate change, like the fires that we’re watching in California, like the destruction that we see from hurricanes and tornadoes and floods.
"So we really are talking about a comprehensive program.
"But I think it’s useful analytically to distinguish the millions of jobs that will be created through the green investment from specifically the Job Guarantee.
"The Job Guarantee has a unique purpose within this program, and that is the following, that it is essentially the backstop, it is essentially the safety net.
"It is a program that says if you have lost your fossil fuel job, so to speak, and you have not yet been incorporated into the green sector, we will ensure that transition for you, we will provide the safety net and employment opportunities in the interim in this transition, which for some people will be disruptive, and most likely for the most vulnerable it will be disruptive."
I’ll wait.