There Has Been No Trump Manufacturing Boom Even Before Covid

[Zhong Lu + 845]

Here are the numbers over the last 10 years [click on the 10 year chart]:

https://tradingeconomics.com/united-states/factory-orders

https://tradingeconomics.com/united-states/manufacturing-pmi

https://tradingeconomics.com/united-states/durable-goods-orders

https://tradingeconomics.com/united-states/car-production

https://tradingeconomics.com/united-states/steel-production

https://tradingeconomics.com/united-states/composite-pmi

Claims that Trump was good for manufacturing are not backed by the evidence and can be classified as BS.  The ups and downs of manufacturing seem to follow the normal business cycle.  Trump hasn't been awful to the economy, but it's nothing special either.  The data suggests he's had little to no effect on it at all.

Edited July 11, 2020 by Zhong Lu

[Ward Smith + 6,615]

6 hours ago, Zhong Lu said:

Here are the numbers over the last 10 years [click on the 10 year chart]:

https://tradingeconomics.com/united-states/factory-orders

https://tradingeconomics.com/united-states/manufacturing-pmi

https://tradingeconomics.com/united-states/durable-goods-orders

https://tradingeconomics.com/united-states/car-production

https://tradingeconomics.com/united-states/steel-production

https://tradingeconomics.com/united-states/composite-pmi

Claims that Trump was good for manufacturing are not backed by the evidence and can be classified as BS.  The ups and downs of manufacturing seem to follow the normal business cycle.  Trump hasn't been awful to the economy, but it's nothing special either.  The data suggests he's had little to no effect on it at all.

I'll see your BS and raise you data backed by the USA not some crap website

The easy read, cause I know you need easy

Quote

The outcome is also a far cry what some had predicted. After Trump's election, Nobel-prize-winning economist Paul Krugman predicted: "We are very probably looking at a global recession, with no end in sight."

Krugman wasn't alone, everyone was predicting global recession. Given that backdrop, Trump's 7 million added jobs was nothing short of miraculous. Not to worry, if HILLARY had been elected the virus wouldn't have cost 40 million jobs, because 20 million of those would have already been unemployed, as she cashed her Chinese paychecks and further hollowed out the American economy. But yeah your psychotic TDS says Trump's the bad guy. 

https://www.bls.gov/web/empsit/ceshighlights.pdf

There's more but I'm more interested in drinking with friends right now than dealing with you. 

[Zhong Lu + 845]

The link you provided is for July 2, 2020 and is about the recent week's unemployment situation. It says nothing about your claim of "manufacturing boom under the Trump administration" before the COVID crisis.  

This appears to be usual practice for you as it's not the first time that you've done it. The links you provide do nothing to support your case.  It's almost as if you don't expect people to click on your links in the first place, and instead farm out the first link you can think of that seems reputable.  

Are you a Republican PAC troll or a Russian troll?  'Cuz your behavior is making this suspicion more and more reasonable.

Edited July 12, 2020 by Zhong Lu

[Yoshiro Kamamura + 274]

Whenever something good happens, Trump immediately tries to claim all the credit. 

Whenever something bad happens, Trump immediately tries to shift the blame to someone else (i.e. WHO for his own lack of action and incompetence). 

Observing Trump's thought process, it's obvious he his understanding of the world around him is on the level of a teenage child ("this virus is a life... a bad life... and so we are putting that life out" "I know, and you know, and everybody knows that there is enough tests for everybody. In fact I am looking at them right now, they are very beautiful."). Whenever he runs out of script, it's always the same incoherent, childish, senile babbling. His "innovation" comes from the fact that he lies so casually, blatantly and often that it takes people by surprise (nobody is used to deal with such behavior). 

So saying he is "good for industry" of "good for employment" is absolutely ridiculous. Even an orangutan can trade stocks, as was practically demonstrated, and make some money on a good day. That does not mean he is a good trader, or even that he knows what he is doing. 

[0R0 + 6,251]

On 7/13/2020 at 7:12 AM, Yoshiro Kamamura said:

Whenever something good happens, Trump immediately tries to claim all the credit. 

Whenever something bad happens, Trump immediately tries to shift the blame to someone else (i.e. WHO for his own lack of action and incompetence). 

Observing Trump's thought process, it's obvious he his understanding of the world around him is on the level of a teenage child ("this virus is a life... a bad life... and so we are putting that life out" "I know, and you know, and everybody knows that there is enough tests for everybody. In fact I am looking at them right now, they are very beautiful."). Whenever he runs out of script, it's always the same incoherent, childish, senile babbling. His "innovation" comes from the fact that he lies so casually, blatantly and often that it takes people by surprise (nobody is used to deal with such behavior). 

So saying he is "good for industry" of "good for employment" is absolutely ridiculous. Even an orangutan can trade stocks, as was practically demonstrated, and make some money on a good day. That does not mean he is a good trader, or even that he knows what he is doing. 

Trump was definitely good for US industry unless it was just screwing together China made assemblies into finished products. For them, Trump was definitely bad after 2018 start of the trade war.

He did great for non energy industrial production and employment and fabulously well for increasing wage incomes of the bottom quintile. Your claim is just plain false.

Zhong Lu's cherry picked and largely irrelevant data series are essentially pointless. The steel figure is particularly irrelevant since Trump responded to rampant steel dumping by China with tariffs on all incoming steel.. China has a 50% overcapacity in steel and continues to fund its production by rolling over steel maker's debts through the whole decade. This subsidy was a strategic attempt to destroy steel production in the US and the West in general as a military priority. Also showing a stupid statistical picture is the car data, where the new car buying demographic of 35-44 bottomed in Trump's time at 12% of population and 42 mil with student loans and expensive CAFE standard cars. vs. its peak value in 2000 at 16.3% and 44 mil and a light student loan load and a plethora of cheap gas guzzlers. Hardly anything Trump had affected.

Your focus on Trump allowing you a real time unfiltered access to his stream of consciousness that you never got to see from any preceding president is distorting your understanding of what decisions come out of his Whitehouse, where he is but one of a dozen people who shape any particular decision.