Yellen: American Manufacturing Is a ‘Pipe Dream,’ May Not Be a ‘Desirable Goal’

[DonGlock26]

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

These Democrats do not want the American working class to recover EVER. They want everyone on the Democrat welfare state plantation.

 

[shockedcanadian]

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

These Democrats do not want the American working class to recover EVER. They want everyone on the Democrat welfare state plantation.

This is a great ad for the GOP moving forward.

There is no question you have some Establishment politicians who are not exactly in the corner of American Interests.

 

[CrusaderFrank]

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

These Democrats do not want the American working class to recover EVER. They want everyone on the Democrat welfare state plantation.

Benedict Arnold did far less damage

 

[Doc7505]

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

These Democrats do not want the American working class to recover EVER. They want everyone on the Democrat welfare state plantation.

~~~~~~
Yellen has been one of the key players for decades dating back to the Clinton era in moving manufacturing from America to offshore and primarily to China.

 

[rightwinger]

Manufacturing began moving out 50 years ago.
Our economy adjusted. We now have 4 percent unemployment.

Americans are not going to leave their current jobs to work on an assembly line.

Kids don’t graduate hoping to work on an assembly line

 

[daveman]

Leftists hate the working class. Anyone who says different is a lying sack of shit.

 

[1srelluc]

The old-ass helmet-haired ***** needs to STFU.

 

[Coyote]

Manufacturing began moving out 50 years ago.
Our economy adjusted. We now have 4 percent unemployment.

Americans are not going to leave their current jobs to work on an assembly line.

Kids don’t graduate hoping to work on an assembly line

And that is why it is a pipe dream. In addition…all the benefits, health insurance, pensions and union bargained pay rates are gone forever. Manufacturers aren’t going to bring them back and Republicans are anti-worker. Most of the work will be automated.

 

[excalibur]

Manufacturing began moving out 50 years ago.
Our economy adjusted. We now have 4 percent unemployment.

Americans are not going to leave their current jobs to work on an assembly line.

Kids don’t graduate hoping to work on an assembly line

Better than the jobs many now have.

The February TRU — a measure of the functionally unemployed, defined as the jobless plus those seeking, but unable to find, full-time employment paying above poverty wages ($25,000 a year in 2024 dollars) after adjusting for inflation — rose from 23.3% to 24.6%. This increase reversed five months of progress for White workers, whose TRU climbed 1.6 percentage points (21.6% to 23.2%). Meanwhile, Hispanic workers saw a slight improvement, dropping from 28.4% to 28.1%, and Black workers experienced a more notable decline, dropping from 27.8% to 26%.

The increase in the TRU is in sharp contrast to official unemployment data released by the U.S. Bureau of Labor Statistics (BLS), which reported only a 0.1 percentage point increase, to 4.1%. Even the BLS’ broader measure of unemployment, which accounts for underemployed part-time workers, rose by just 0.5 percentage points. While this explains part of the jump in the TRU, it does not capture a key factor: more full-time workers fell below the poverty wage threshold last month.[/ident]

‘Functional Unemployment’ Jumps 1.3 points in February, Says Ludwig Institute

www.lisep.org

 

[rightwinger]

The myth is that those manufacturing jobs will be well paying jobs with benefits.
They won’t be
They can’t have good compensation and compete with the rest of the world…..even with tariffs

 

[daveman]

And that is why it is a pipe dream. In addition…all the benefits, health insurance, pensions and union bargained pay rates are gone forever. Manufacturers aren’t going to bring them back and Republicans are anti-worker. Most of the work will be automated.

"Republicans are anti-worker."

Current events shows that to be a lie.

 

[Coyote]

"Republicans are anti-worker."

Current events shows that to be a lie.

Current events are showing millions flowing into the pockets of the Republican Oligarchs while they’re slashing jobs, firing workers and stamping out unions.

 

[daveman]

Current events are showing millions flowing into the pockets of the Republican Oligarchs while they’re slashing jobs, firing workers and stamping out unions.

Is there any Democrat propaganda you're not willing and eager to swallow?

The last four years showed the only working people Democrats care about are illegals. The American worker can go get screwed, per Democrat policy.

That's why you idiots lost.

 

[Seymour Flops]

The myth is that those manufacturing jobs will be well paying jobs with benefits.
They won’t be
They can’t have good compensation and compete with the rest of the world…..even with tariffs

They will, but maybe for reasons the Republicans won't like especially.

Or maybe not. The GOP has changed a lot, and now cares much more about the working class, i.e. relies on their votes.

The reason that manufacturing jobs tend to be high-paying secure jobs is unions. The reason unions are successfull in manufacturing is that factories are so easy to successfully strike. The wealth production via classic capitalism is concentrated in one building, which requires constant input of parts and materials, and constant outputs of assembled products.

A strike can devastate a factory, and it is very difficult to break that strike with non-union workers, or by having management do the work. Every day that a factory sits idle, completed units are not moved out, and meanwhile parts and materials keep being delivered, or at least attempted delivery and stopped by the pickets.

For this reason, the executives are willing to offer higher pay and benefits. The problem is that, regardless of Trump's efforts, the owners may simply move the factories back to foreign countries. Unless Trump's tariffs make that less profitable than paying union wages.

 

[toobfreak]

Yellen: American Manufacturing Is a ‘Pipe Dream,’ May Not Be a ‘Desirable Goal’​

I can't bring myself to waste 2 seconds listening to that straw hag.

 

[Coyote]

Is there any Democrat propaganda you're not willing and eager to swallow?

The last four years showed the only working people Democrats care about are illegals. The American worker can go get screwed, per Democrat policy.

That's why you idiots lost.

I agree with your second paragraph. Dems lost because they lost sight of what used to be the core of their party: the American working class, and they shifted to the Republicans and their populist platform

What you don’t (or won’t) see and what they don’t yet see, is that the MAGApublicans are shafting them while making them love it.

The Republican, overreach, with its assumption of a broad mandate is going to send the Republicans back into the wilderness. Can’t wait

 

[MayorQuimby]

Manufacturing began moving out 50 years ago.
Our economy adjusted. We now have 4 percent unemployment.

Americans are not going to leave their current jobs to work on an assembly line.

Kids don’t graduate hoping to work on an assembly line

If you think manufacturing means working on an assembly line, you're a tool.

 

[mudwhistle]

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

These Democrats do not want the American working class to recover EVER. They want everyone on the Democrat welfare state plantation.

Obama said something similar when Trump was in his first term.

All these establishment pukes are cheering for the collapse of America.

Personally I think they're being either paid or blackmailed into saying this stupidity.

 

[80zephyr]

We need these jobs for national security. How many times must it be said?

 

[rightwinger]

We need these jobs for national security. How many times must it be said?

Making toys, toasters, ear buds are national security?

If Trump wants to protect items needed for national security……place tariffs on those items