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Trump Produces Largest Gain in Jobs Since 70’s

January 24, 2020 By Richard C. Young

President Donald J. Trump gestures with a fist pump as he walks across the South Lawn of the White House Thursday, Jan. 23, 2020, to board Marine One and begin his trip to Miami, Fla. (Official White House Photo by Joyce N. Boghosian)

Justin Haskins, a research fellow at The Heartland Institute, writes in The Epoch Times:

America’s economy continues to make remarkable progress.

Asians, African Americans, Hispanics, and women all enjoyed historically low unemployment in 2019.

America’s job numbers are stellar, which suggests strongly that President Trump will win a second term.

In fact, an examination of modern American history shows quite clearly that incumbent presidents usually win a second term.

Over the past several decades, no sitting president has ever lost an election while presiding over a well-performing economy.

Like in 2016, 2020 will be decided in large part by swing states like Iowa, Michigan, Minnesota, Ohio, Pennsylvania, and Wisconsin

The most important of these indicators is likely manufacturing jobs.

After years of suffering under poor policy decisions imposed by leaders in both the Republican and Democratic parties, decisions that led to millions of lost manufacturing jobs, Midwesterners have enjoyed under the leadership of the Trump administration an unprecedented and mostly unexpected manufacturing jobs boom.

The most recently available jobs data show since January 2017, Trump’s first month in office, more than 480,000 manufacturing jobs have been added, substantially more than anything achieved by the Obama or Bush administrations, both whom watched as huge numbers of manufacturing jobs left the country.

Trump’s half-a-million manufacturing jobs gain is the largest increase, in terms of percentage of manufacturing jobs gained, since the 1970s.

Some of the state-specific data are even worse for Democrats. In Iowa, Minnesota, Pennsylvania, and Wisconsin.

Under President Obama, Pennsylvania lost 45,000 jobs in manufacturing.

This political reality makes Democrats’ commitment to absurd far-left policies like the jobs-killing Green New Deal.

This is especially true in the case of the Green New Deal’s plan to end all oil and natural gas development.

Justin Haskins (Jhaskins@heartland.org) is the editorial director and a research fellow at The Heartland Institute.

Read more here.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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