Manufacturing Jobs Continue to Defy President June 6, 2015Posted by geoff in News.
One might be forgiven if they couldn’t tell the difference between the chart showing manufacturing jobs, the chart showing electric car sales, and the chart showing exports. They all look the same. The President makes some huge promise that he has no power to keep, and subsequently fails miserably.
Today we get to watch him continue to fail to add 1 million manufacturing jobs by September 2016:
387K jobs added, versus ~650K jobs promised.
Particularly surprising, given that you’d have thought the rebound from the Great Recession (made all the greater by the President’s policies) would have been enough to restore a million jobs. But the President’s reverse Midas touch seems to kill off any part of the economy that catches his eye.