Biden and the Democrats making Making Manufacturing Greater Again!

[Hardkill]

Here's a great article by Paul Krugman on how Biden and the Democrats have been the ones who are truly creating millions of new good manufacturing jobs in America, while Trump and the Republicans are the ones who are stabbing every working-class voter in the back by creating ZERO new manufacturing jobs. 

Trump's tariff war policy and his disgusting 2017 tax cut law did jack squat to increase investment and job growth in the manufacturing industry.

The manufacturing surge that has been happening in the US since 2022 is due to both the CHIPS act and Inflation Reduction Act that Biden and the Democrats initiated and passed through Congress.

https://www.nytimes.com/2023/04/20/opinion/manufacturing-biden-trump.html

Furthermore, all of these new manufacturing jobs are for producing new high-tech up-to-date semiconductors chips and for accelerating the transition to renewable energy in America.

Btw, these new manufacturing jobs don't include the other couple million of new infrastructure jobs that will come from the Infrastructure Investment and Jobs Act that Biden and the Democrats initiated and passed into law in late 2021.

Edited June 6, 2023 by Hardkill

[Danioover9000]

@Hardkill

12 hours ago, Hardkill said:

Here's a great article by Paul Krugman on how Biden and the Democrats have been the ones who are truly creating millions of new good manufacturing jobs in America, while Trump and the Republicans are the ones who are stabbing every working-class voter in the back by creating ZERO new manufacturing jobs. 

Trump's tariff war policy and his disgusting 2017 tax cut law did jack squat to increase investment and job growth in the manufacturing industry.

The manufacturing surge that has been happening in the US since 2022 is due to both the CHIPS act and Inflation Reduction Act that Biden and the Democrats initiated and passed through Congress.

https://www.nytimes.com/2023/04/20/opinion/manufacturing-biden-trump.html

Furthermore, all of these new manufacturing jobs are for producing new high-tech up-to-date semiconductors chips and for accelerating the transition to renewable energy in America.

Btw, these new manufacturing jobs don't include the other couple million of new infrastructure jobs that will come from the Infrastructure Investment and Jobs Act that Biden and the Democrats initiated and passed into law in late 2021.

   How is this evidence and proof a reliable fact of Trump's 'negative' performance, and Biden's 'positive' performance on job manufacturing? How does this prove Trump's impact on business, taxes, and reforms were worse than Biden? Does this negate how Trump had did reforms towards the black community?

   Why did you claim Trump's tax cut as disgusting? How is that an objective claim?

   What about other types of manufacturing jobs besides producing high tech semiconductor chips within Silicon Valley business, and renewable energy? Is this the only important manufacturing jobs for most of America? if this is only important to you, how is this study and graph objective then, when Trump's administration has benefitted the black community far more than Biden's administration, or even past democrats for that matter?

   Exactly, because these new manufacturing jobs don't include the other couple million of new jobs within this graph, how can you so confident in condemning Trump over Biden when you've only provided and very very very narrow range of proof, that somehow makes Trump bad and Biden good?

[ryandesreu]

Nice graphs. I posted some not long ago you should check them out. It looks like middle class income is increasing and inflation is decreasing! I plan on finding some on poverty level which is very important too.

Taxes should be as low as possible while financing the government’s activity generally speaking. It is my understanding that the 2017 tax cuts were a short-term fix and added to the debt long term. They created a bubble of short-term unsustainable growth and were disproportionate giving higher breaks to corporations and millionaires.

But that's okay, nothing is personal,  we're adjusting things and building on the positives.

[Danioover9000]

@Hardkill  Are you just posting for drama and views?

[ryandesreu]

To conclude my thoughts on this for now, the more recent infrastructure plan that created millions of jobs is also a short-term solution to employment. 

[ryandesreu]

Okay, here are the graphs that I mentioned finding earlier. It looks like income started to increase again at about 2012 to 2013 and poverty started decreasing around 2014.

I'm not trying to butt heads with anybody here and I could be wrong but it kind of looks like Mr. Trump was at least partially riding the coattails of the previous administration.

[Hardkill]

10 hours ago, Danioover9000 said:

@Hardkill

   How is this evidence and proof a reliable fact of Trump's 'negative' performance, and Biden's 'positive' performance on job manufacturing? How does this prove Trump's impact on business, taxes, and reforms were worse than Biden? Does this negate how Trump had did reforms towards the black community?

   Why did you claim Trump's tax cut as disgusting? How is that an objective claim?

   What about other types of manufacturing jobs besides producing high tech semiconductor chips within Silicon Valley business, and renewable energy? Is this the only important manufacturing jobs for most of America? if this is only important to you, how is this study and graph objective then, when Trump's administration has benefitted the black community far more than Biden's administration, or even past democrats for that matter?

   Exactly, because these new manufacturing jobs don't include the other couple million of new jobs within this graph, how can you so confident in condemning Trump over Biden when you've only provided and very very very narrow range of proof, that somehow makes Trump bad and Biden good?

Most economists, including all of the ones who are centrists and non-partisan, say that the Trump tax cut was just a lavish gift to the rich and corporations that ballooned the national deficit/debt.

Even the top bank CEOs such as Jamie Dimon and even other billionaire businessmen such as Warren Buffett thought the tax was a terrible mistake and that actually the taxes on the rich and corporations should've been raised significantly in order to stabilize the economy, reduce economic inequality, and lower the national debt.

The extreme right-wing economists were only ones who supported the tax cut. There's no denying it.

Think about it. how does a tax cut in a booming economy help bolster economic growth, when corporations and the wealthy already have way more than enough capital to expand their businesses during a boom? You only do a tax cut when the economic is experiencing a downturn or a recession.

Also, how are we ever going to pay back the massive debt our country has without ever raising taxes high enough? 

Btw, no offense, but former UK PM Truss was ousted after she proposed her dumb tax cut policy.

Reagonomics never ever worked. Reagan was only successful because he was lucky enough to inherited an economy that already was going to recover from the early 1980s recession and then end his presidency on a high note.