More American manufacturing workers are employed today than at any time in the last ten years as President Trump’s ‘America First’ economy seeks to protect U.S. industry and jobs with tariffs, less immigration, and tax relief.
In June 2018, Trump’s booming economy delivered an additional 36,000 manufacturing jobs for American workers, many of whom have had their livelihoods destroyed by job-killing free trade deals like NAFTA and KORUS.
Specifically, in the metals manufacturing industry, Trump’s tariffs on imported steel, aluminum, and Chinese electronics seems to have boosted U.S. job growth — with 7,000 new jobs in manufacturing fabricated metal products, 5,000 new jobs in manufacturing computer and electronic products, and 3,000 new jobs in manufacturing primary metals.
Additionally, 12,000 car and vehicle parts manufacturing jobs were created in June. In the past year, there have been 285,000 new manufacturing jobs added to the U.S. economy as Trump encourages and incentivizes companies to move production back to the country.
There are now 12.8 million Americans working in the U.S. manufacturing industry, a ten year high for the economy. The last time that many Americans were working in manufacturing was back in December 2008. At that time, 12.8 million Americans had jobs in the industry.
Compare Trump’s economy to the Obama economy when it comes to the manufacturing industry. At the end of Obama’s last term in office, the former president was pushing — along with the Republican establishment and Democrats — the Trans-Pacific Partnership (TPP) free trade deal.
TPP, if it had been implemented, would have wiped out not only millions of U.S. working and middle-class jobs but also would have driven down wages for remaining American workers. The free trade deal would have readily opened up additional foreign markets in underdeveloped nations, allowing multinational corporations to further outsource and offshore American jobs.
Keeping his campaign promise, Trump killed off TPP, saying in 2016 that the free trade deal “would be the death blow for American manufacturing.”
Obama, though, was pushing for TPP when U.S. manufacturing jobs had remained stagnant at around 12.3 to 12.4 million workers in the industry throughout nearly all of 2015 and most of 2016.
With another sign that Obama was utterly clueless, and Trump knows capitalism, jobless claims in early April dropped by over 9,000 applications to just over 230,000; reaching levels not seen in the United States since the mid 1970s.
The new data shows America’s unemployment claims are at a 45-year low as the labor market continues to roar to life under President Trump and the Republican-controlled Congress.
According to Market Watch, the strong report shows companies across the country complaining about a “shortage of labor” as more and more Americans go back to work.
“Layoffs are near a 45-year low and show no sign of rising. Companies increasingly complain about a shortage of skilled labor with the unemployment rate at a 17-year low of 4.1%, making it harder for them to fill a record number of job openings,” writes Market Watch.
“With labor so hard to find, the bar for letting people go is very high, so layoffs will remain a close to their current levels for some time yet,” said a chief economist.
And once again proving that Obama was either inept, or intentionally damaging America, President Trump once again makes the former president look like a chump, as the USDA released a report showing that the number of food stamp dependent Americans hit a six-year low in Donald Trump’s first year in office, reflecting an improving economy and falling unemployment.
An average of 42.2 million Americans participated in the Supplemental Nutrition Assistance Program (SNAP) program in 2017, which is an 11 percent decrease from 2013, when a record number of people used food stamps, according to the USDA.
“Federal spending for SNAP totaled $68.0 billion or 4 percent less than in the previous fiscal year,” USDA reported. “This was also 15 percent less than the historical high of $79.9 billion set in FY 2013.”
Better economic conditions reduce food stamp participation, but some states’ welfare reforms have also played a role.
The Obama administration allowed states to waive work requirements for food stamps as part of the 2009 stimulus package. The number of childless adults on food stamps doubled after that rule change.
However, that policy was only used to hide a disastrous economy, as Obama’s unemployment numbers were actually worse than at the peak of the Great Depression, despite the mainstream media’s claims otherwise.
As well, the Obama economy was so bad, that 1 in 3 adult Americans had to find a room mate out of necessity, because the cost of living skyrocketed as wages stagnated due to an invasion of illegal aliens.
Mr Americana, Overpasses News Desk
July 11th, 2018