The US manufacturing sector is now growing 714% faster than during Obama's Reign of Error
Trump now has two full years of economic performance to compare with his predecessor. The two biggest statistical standouts are:
- Manufacturing jobs are growing at a 714% faster clip under Trump than over a similar time under Obama , and;
- Under Obama, federal state and local government employment grew 6 times faster than did manufacturing jobs, while under Trump, that ratio has been reversed, with manufacturing jobs growing 5 times faster than government jobs.
Manufacturing, the government report noted that 32,000 jobs were added in December with 19,000 of the gain being in the durable goods component. In 2018, manufacturing employment increased by 284,000 with some three quarters of the gain over the year being in durable goods manufacturing, an indication that President’s Trump’s policies are likely causing a shift of manufacturing back to American soil.
This is remarkable due to the widespread belief that it wasn’t possible—President Obama himself said in June 2016 that manufacturing jobs “are just not going to come back,” and New York Times columnist and economist Paul Krugman claimed on November 25, 2016, “Nothing policy can do will bring back those lost jobs. The service sector is the future of work; but nobody wants to hear it.”
https://www.forbes.com/sites/chuckdevore/2019/01/04/312000-jobs-added-in-december-manufacturing-growing-714-faster-under-trump-than-obama/#77d2b7785b50