Back in April, Donald Trump touted his aggressive tariff policy as a catalyst for the reshoring of manufacturing jobs. Eight months later, reshoring progress is nowhere to be seen.
The jobs report from the Bureau of Labor Statistics released last week found that while nonfarm payrolls increased by 119,000, there were 6,000 fewer manufacturing jobs, adding to the tally of 59,000 lost factory jobs since Trump’s April vows to ignite domestic manufacturing. The Labor Bureau’s data is consistent with the Institute for Supply Management November report, which indicated an eighth consecutive month of contracting manufacturing jobs.
“The US is losing blue-collar jobs for the first time since the pandemic…as manufacturing industries lose jobs at a rapid pace while growth in construction & transportation has nearly zeroed out,” economic commentator Joseph Politano noted in a LinkedIn post last week.
“Best efforts”)
Yeah, Trump’s an idiot, but the American people are bigger idiots for voting for him, twice.
Its such incoherent policy.
If you want to bring jerbs back to the US just put a tax on outsourced services like call centers. Taxing goods is stupid shit, imo.
- subsidize domestic goods
- tax outsourced services - this also solves the tax haven issue.
It was never about making sense. It’s about putting pressure on lower classes and upward wealth redistribution. Why not a two-for-one?
Step 1: Tariffs!
Step 2: ???
Step 3: America is great again!
Step 2.1 steal money for himself and his sycophants
Who could’ve predicted the “the dumbest goddamn student” his Wharton professor’s ever had would be so terrible leading the economy. Nobody could’ve seen this coming.
Just a sode note, even if he was a financial genius, it isn’t his job to “lead the economy”. At best he would supposed to accomplish that through appointments and consensus if that were his goal. Here isnhis job description per the constitution:
The U.S. Constitution contains the only official “job description” for the President of the United States. According to Article II, Sections 2 and 3, the President:
- Is the Commander-in-Chief of the armed forces of the United **States, and of each state’s militia when the nation has need of it **> 2) Has power to obtain information and opinions from heads of the executive departments
- May grant pardons and reprieves for crimes against the United States
- Makes treaties with other countries with the approval of the Senate
- Appoints ambassadors, federal judges and heads of executive departments – all subject to the approval of the Senate; the President also has power to fill any vacancies that may happen while the Senate is in recess
- Must report to Congress from time to time about the state of the union and recommend whatever measures he thinks are necessary
- May call members of Congress together on extraordinary occasions, as well as adjourn their meetings when they cannot agree on their own about when to do this
- Receives foreign ambassadors and other public officials
- Is responsible for enforcing the nation’s laws
- Issues commissions to all officers of the United States
He’s proof that the wealthy make donations to prestigious colleges and the colleges pass them. Meritless system of privilege
For the first time since the last time he was president?
“Despite trump’s best efforts,” what kind of headline bullshit is that. He sucks at money because he’s a conman and grifter. He is doing great by stealing so fucking much tax payer money, that he doesn’t understand why his poll numbers are so low and everyone else isn’t happy he’s getting richer.
he doesn’t understand why his poll numbers are so low and everyone else isn’t happy he’s getting richer.
No, he doesn’t care. He doesn’t care about anyone but himself.
But the people who are in favor of him aren’t going to change and either don’t know he polls poorly, or will say it’s made up by his enemies
Yeah. This is his best effort. It’s shit. But it’s his best.
It still makes him sound like a victim of circumstances though. Headlines are the worst these days.
“Because of Trump’s best efforts to reshore manufacturing, blue-collar employment is plunging for the first time since the pandemic with 59,000 lost jobs” would certainly be a more accurate headline.
Yeah this is what they said would happen, shocker. He oversaw a shrinkage of blue collar jobs his first term too. He’s probably the most anti-middle-class president ever.
A narcissistic billionaire doesn’t care about anyone poorer? Oh, stop.
“Coastal Elite”
Trump, losing manufacturing jobs? Unthinkable, what does he think this is? 2017-2020?
Yeah I work in manufacturing, Biden was good for business, Trump has been awful for it both times.
“Best Efforts”?
LOL, “best efforts”.
Best efforts at extracting bribes, trinkets, and compliments.
No shit. Raw materials are tariffed to hell and back.
Also he keeps deporting the transition teams.
Not to mention that business, especially stuff with a long lead time like a new manufacturing facility, needs one thing above all else: predictability. And there is no predictability in a country run by Trump.
Raw materials, new machinery, motor drives & controls, replacement parts, etc, etc.
Best efforts at emptying the cookie jar into the pockets of the rich and blaming everyone else for not giving up enough to keep it full.
If you want to “re-shore” American jobs it will take hundreds of billions of dollars in direct investment for various industries, and well as ongoing subsidization for education and training…Basically what China has done for 50 years.
Just slapping tariffs on stuff we do not make and cannot make here doesn’t do shit, and I don’t believe that anyone including Donald Trump ever thought it would. The point is to break the fledgling populism that has developed in the people, to eliminate the education that gave us the idea that we could ever rise against our oppressors, and to put us, ALL of us in a state of permanent poverty and desperation while they roll out their “network states” and retire the constitution.
You could argue we finally started making some of those investments in 2022. Over the long run they likely would have increased us manufacturing in key future industries …. But that was all passed been it wasn’t trumps term, so it all had to go
Bingo
