Obama’s Failed Legacy: Losing Manufacturing Jobs Like a Boss January 6, 2017Posted by geoff in Economics, News, Obama's Legacy.
President Obama claimed that restoring manufacturing jobs was a high priority of his administration. Here’s how he did:
|Date||Number of Manufacturing Jobs|
|January 31, 2009||12,561,000|
|December 31, 2016||12,275,000|
Total manufacturing jobs created after 8 years: -286,000. Some legacy.
He also claimed that he’d add a million manufacturing jobs during his second term.* Here’s your chart:
Let it be noted that the manufacturing job peak during the Bush administration (April 2006) was 14,226,000. The peak during Obama’s administration was 12,338,000. Advantage Bush by almost 2 million jobs.
*President Obama made his promise to add 1 million manufacturing jobs during the “next four years” at the Democratic National Convention in September 2012. The chart above therefore assumes that September 2012 was the starting point. If you assume that he really meant “during my second term,” his performance is just as bad, as you can see from the chart.