About those jobs that are never coming back

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President Obama was on NPR Town Hall saying that in the USA, manufacturing jobs are not coming back and that there is nothing that can be done - here is the 37 second clip:

The complicit media agreed with him. From Forbes March 9th, 2017

Those Jobs Are Never 'Coming Back'
A significant part of Trump’s campaign centered on the angst of the white middle class and the ongoing loss of jobs in the Rust Belt. And that focus gave him his margin of victory.

Trump promised to bring those jobs back, a sentiment that resonated powerfully with the electorate. The problem is — as we’ve talked about previously — that at least 80–90% of manufacturing jobs were lost not to companies moving factories to China or Mexico but to increased automation.

Those Jobs Are Never “Coming Back”
They are gone. And that trend is going to continue and accelerate.

The author of this piece fancies himself an economist - wonder if he is getting much work these days. People usually like to hire people who are right more aften than not. Compare to this article in Forbes October 16th, 2018:

The Trump Manufacturing Jobs Boom: 10 Times Obama's Over 21 Months
The Great Recession officially ended in June 2009, six months into former President Obama’s first term. The economy continued to shed jobs until the following March. Manufacturing was particularly hard hit, with almost 2.3 million manufacturing jobs—some 1 in 6—lost between January 2008 and March 2010.

As is the case during recoveries, jobs bounced back, with seasonally adjusted nonfarm employment expanding almost 12% from March 2010 until January 2017, when President Obama handed over the presidency to Donald Trump.

A bit more - the Town Hall prediction:

At a town hall in June 2016, President Obama famously said that some manufacturing jobs “are just not going to come back.” He went on to mock then-candidate Trump by saying he’d need a “magic wand” to make good on this manufacturing job promises.

And the numbers:

In the first 21 months of the Trump presidency, nonfarm employment grew by a seasonally adjusted 2.6%. In the same period, manufacturing employment grew by 3.1%, reversing the trend under Obama when overall employment grew faster than employment in the manufacturing sector.

Comparing the last 21 months of the Obama administration with the first 21 months of Trump’s, shows that under Trump’s watch, more than 10 times the number of manufacturing jobs were added.

Doesn't fit the liberal narrative. Anyway, what prompted this was this announcement today from Ford Automobile:

FORD INVESTS $1 BILLION IN CHICAGO PLANTS; CREATES 500 NEW JOBS TO LAUNCH EXPLORER, POLICE INTERCEPTOR, LINCOLN AVIATOR
Ford Motor Company is investing $1 billion in Chicago Assembly and Stamping Plants and adding 500 new jobs as it prepares to launch three highly anticipated new SUVs that go on sale later this year.

The transformation at the plant, which will begin in March, will expand capacity for the production of the all-new Ford Explorer – including the Explorer ST and Explorer Hybrid – the all-new Police Interceptor Utility and the all-new Lincoln Aviator. The work will be completed in the spring. The additional 500 full-time jobs bring total employment at the two plants to approximately 5,800.

With the Chicago investment, Ford is building an all-new body shop and paint shop at Chicago Assembly, and making major modifications to the final assembly area. At Chicago Stamping, the company is adding all-new stamping lines in preparation for the 2020 Ford Explorer, Police Interceptor Utility and Lincoln Aviator. Advanced manufacturing technologies at the plants include a collaborative robot with a camera that inspects electrical connections during the manufacturing process. In addition, several 3D printed tools will be installed to help employees build these vehicles with even higher quality for customers.

And do not forget that these 500 jobs are just the direct hires working at the facility. There are also the people who repair the machinery, the people who supply the raw materials, the lunch counters and restaurants that will open near the plant, the increase in transit riders necessitating new drivers. Trickle down at its finest.

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This page contains a single entry by DaveH published on February 7, 2019 7:36 PM.

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