Manufacturing is Booming Under Biden

The CHIPS Act and the (completely misnamed) Inflation Reduction Act are driving a renaissance in American manufacturing.

Joe Biden has done more to help American workers than Trump did other than feed them culture war bullshit!




Who is being hired, Americans or illegals who crossed your border?

Also, the I.R.A did far more damage to the inflation in the U.S and the rest of the world, that is how much cash flooded the system.

In fact, I would argue as a guy who was ok with him winning even if I worried about war (which came true), if not for his horrendous border policy and the I.R.A, his term wouldn't have been half as bad as it has been judged in polls.

That is his legacy now as well as him dropping out.
 
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The CHIPS Act and the (completely misnamed) Inflation Reduction Act are driving a renaissance in American manufacturing.

Joe Biden has done more to help American workers than Trump did other than feed them culture war bullshit!


How is it you fall for this bullshit? :omg:

WASHINGTON, Aug 2 (Reuters) - The U.S. unemployment rate jumped to near a three-year high of 4.3% in July amid a significant slowdown in hiring, heightening fears the labor market was deteriorating and potentially making the economy vulnerable to a recession
 
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Feel free to post facts and figures refuting this instead of factless memes that do nothing other than reinforce your emotional priors, MAGA.

lol
The graph is Private Capital Investments and Private Industrial Construction. So it seems if the Gov't pays Intel to build a chip plant they will.

It does not show manufacturing employment, which is flat over the past year, and actually shed jobs the past quarter according to the BLS.

 
The graph is Private Capital Investments and Private Industrial Construction. So it seems if the Gov't pays Intel to build a chip plant they will.

It does not show manufacturing employment, which is flat over the past year, and actually shed jobs the past quarter according to the BLS.


para bellum
The Irish Ram
Sunni Man

Manufacturing employment is the highest in at least 10 years

 
para bellum
The Irish Ram
Sunni Man

Manufacturing employment is the highest in at least 10 years

Claims of any kind of "boom in manufacturing" can only be made by someone who has never worked in manufacturing.

Trade policies supported by both sides have devastated US manufacturing for the past 20 years. It really began in the 80's, but China's admittance to the WTO was the killshot.

Your OP is a joke to me- I worked in manufacturing for 40+ years and know how exactly fucked over we were. 4 decades of absolutely stagnant wages and we went from 25% of the workforce in mfg. in the 70's to 8% today.

Employment in mfg, is stagnant, flatlined for the last 2 years and barely above pre-covid levels.

fredgraph.webp
 
It’s pointless confronting Trump Cult members with facts and the truth.

They’ll remain willfully ignorant, spreading disinformation and lies.
This is the graphic you guys are gushing over:
WH graph.jpg


Manufacturing Investments. This is just spending by companies of the money Biden gave them in the CHIPS and IRA Acts. Those were passed in 2022.


It has not translated to any kind of growth in manufacturing, not in jobs or output. This is Biden's record on both:

fredgraph(1).png
fredgraph(2).png
 
Claims of any kind of "boom in manufacturing" can only be made by someone who has never worked in manufacturing.

Trade policies supported by both sides have devastated US manufacturing for the past 20 years. It really began in the 80's, but China's admittance to the WTO was the killshot.

Your OP is a joke to me- I worked in manufacturing for 40+ years and know how exactly fucked over we were. 4 decades of absolutely stagnant wages and we went from 25% of the workforce in mfg. in the 70's to 8% today.

Employment in mfg, is stagnant, flatlined for the last 2 years and barely above pre-covid levels.

View attachment 996976

First, the OP was about manufacturing investment. And it is exploding. Second, manufacturing employment is at a decade high. It is higher under Biden than it was under Trump. Both of those statements are empirical facts.

The trajectory of manufacturing jobs bottomed and then rose under Obama. It did not change in any meaningful way under Trump.

As for your "I worked in manufacturing" premise, I am a supplier of capital to manufacturing as well as to many other industries. I can regale you with stories of how hard it can be to hire good workers for manufacturing jobs. Also, I once worked on the kill floor of a slaughterhouse. ;) So I have more than the necessary chops to make this argument. As if that means anything.
 
This is the graphic you guys are gushing over:
View attachment 996978

Manufacturing Investments. This is just spending by companies of the money Biden gave them in the CHIPS and IRA Acts. Those were passed in 2022.


It has not translated to any kind of growth in manufacturing, not in jobs or output. This is Biden's record on both:

View attachment 996979View attachment 996980

Two things. First, automation has been replacing jobs in manufacturing since the 1970s. It's been doing so in services too. Have you ordered off a board at McDonald's recently? And it's likely to accelerate in services as AI replaces jobs in accounting, the law, medicine, etc. So why would you expect jobs in manufacturing to significantly rise? Many of the jobs have been replaced by automation. We own hundreds of thousands of acres of timberland. We can cut down trees and haul them off with maybe five employees. Forty years ago, there would have 105 employees doing those jobs.

Second, of course output hasn't risen. Yet. It takes years to build a semiconductor fab. All the investments are being made today. Production will occur in the future after the investment is made.
 
First, the OP was about manufacturing investment. And it is exploding.
Your thread title is "Manufacturing is Booming under Biden".
Your claim is that he is driving a renaissance in US manufacturing.

I was the one that pointed out the White House graphic was the companies spending the money Biden gave them for that purpose.
Second, manufacturing employment is at a decade high. It is higher under Biden than it was under Trump. Both of those statements are empirical facts.
It is also empirical fact that manufacturing employment is stagnant since that money was spent.
The trajectory of manufacturing jobs bottomed and then rose under Obama. It did not change in any meaningful way under Trump.
Manufacturing jobs grew under under Trump at a steady pace until COVID. He was also fighting the shitty trade deals and putting the screws to China which was good for US manufacturing, especially small businesses.
As for your "I worked in manufacturing" premise, I am a supplier of capital to manufacturing as well as to many other industries. I can regale you with stories of how hard it can be to hire good workers for manufacturing jobs.
The reason manufacturers cannot find good workers is because wages are so depressed that there are no young people are entering the trade. You need production work to train up people, and the production work goes to China or some other low-wage, low-regulation country.
 
Two things. First, automation has been replacing jobs in manufacturing since the 1970s.
Automation does not account for the destruction of manufacturing jobs. In the 70's Germany also had 25% of the workforce in manufacturing, today it's still around 20%.

German manufacturers have access to the same automation technologies as US manufacturers, yet they have somehow managed to preserve their manufacturing sector...
 
The CHIPS Act and the (completely misnamed) Inflation Reduction Act are driving a renaissance in American manufacturing.

Joe Biden has done more to help American workers than Trump did other than feed them culture war bullshit!


Speaking of chips

Who was it
Samsung ? And another company scrapped billion dollar chip plants cause of the stupid dei bullshit being forced on them ...

Thank God they're gonna starve you retards to death
 
Hey, give me $1.6 Billlion and I'll build a chip foundry too.

Dems are proven terrible at spending money. Most of these $$$ billions spent will be replays of the Solyndra and A123 debacles...
 
Hey, give me $1.6 Billlion and I'll build a chip foundry too.

Yeah, that's the point.

America is NO LONGER COMPETITIVE building chips. Our cost structure is too high.

The only way we can do so is either by
  1. Subsidizing fabs directly
  2. Massive tariffs, which is the government using tax dollars to increase prices to subsidize fabs
Either way, it's the government using tax dollars to subsidize industry.

And yes, those are the exact same thing.
 
15th post
The reason manufacturers cannot find good workers is because wages are so depressed that there are no young people are entering the trade.

No. Our companies were offering good wages. Very good wages.

But we couldn't find enough workers because
  1. They didn't want to relocate
  2. They couldn't pass a drug test
Maybe you should look at your own problems first before blaming everyone else for your shortfalls.
 
No. Our companies were offering good wages. Very good wages.

But we couldn't find enough workers because
  1. They didn't want to relocate
  2. They couldn't pass a drug test
Maybe you should look at your own problems first before blaming everyone else for your shortfalls.
My own problems? WTF are you talking about? I'm retired.

Your post only confirms don't have a ******* clue about manufacturing.

They way it worked was, small companies supported mid-sized companies, who supported the big OEM's. The small companies were the training grounds. I took people from voc-tech schools and trained them up. At a certain level they would move on, the good ones eventually ending up at Boeing or a tier-one.

In the 80's Boeing had a group of buildings in South Seattle for what were known as "offload jobs". These were setup specifically for the smallest shops. You could walk in and pick your jobs. Boeing provided all the fixturing and tooling needed, and the parts were paid based on the time standard set by Boeing. You were basically guaranteed $45/hr on every job if you followed their instructions. Back in the day, a lot of guys got their start on Boeing offload. You didn't need any special certifications, Boeing inspected and certified the parts themselves. You just need to be able to make the parts, that's all they asked.

That's all gone.

That's just one example- all the big OEM's had similar programs, they knew it was important to maintain a vital local workforce.

The mom-and-pop shops were the training ground. Today the mid-size companies and OEM's are going straight to China, and the small shops have all but disappeared. There is no training ground left, and the remaining small shops are competing with slave labor and subsidized transport costs. The finished part from China is cheaper than the raw materials in the US.

If there was still a manufacturing sector in the US, those companies you are referring to would not have to be searching for people to relocate, and there would be a healthy pool of younger people entering manufacturing trades that drug testing would not be an issue.

"Manufacturing boom" my ass.
 
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