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The Slow-Motion Manufacturing Jobs Disaster July 5, 2013

Posted by geoff in News.
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When Organizing for America first published their “1 Million Manufacturing Jobs in 4 Years” promise in April 2012 (a promise the President repeated in September 2012), we were gaining about 25K manufacturing jobs per month. 48 months x 25K = 1.2 million manufacturing jobs: “1 million with a little to spare!” they thought.

But then the administration’s reverse Midas touch took effect and since April 2012 we’ve been gaining ~3K jobs per month. That means that after 48 months we’ll have added 151K manufacturing jobs. You can see the difference between OFA’s (and President Obama’s) rosy predictions and reality below:

ManufJobsJuly13

But wait!, you say, what if we start the clock in September 2012 when the President made that promise personally? You’re right – we’ve added 4.3K jobs/month since September, which means in 4 years we’ll have 208K manufacturing jobs.

Either way, it’s a disaster for manufacturing, which has lost 2.5 million jobs in the last 10 years, and for the President, who can’t keep even this inadequate promise to America.

Comments»

1. Jimbro - July 5, 2013

Info that will never be remarked upon on the nightly news.

2. geoff - July 5, 2013

In a few hours the exports post will pop up – you’ll see that his performance is even worse. And there again you’ll hear nothing of it from the media.

In fact, the last time the media reported on exports was the NYT in early 2011, where they were crowing about how Obama was on track to meet his promise. Since then? Not a word.

3. Pops - July 5, 2013

It is not a reverse King Midas touch. It is the King Minus touch.

4. geoff - July 5, 2013

Heh.


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