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Started By
Message
Manufacturing now smallest share of US Economy in 72 years--
Posted on 10/29/19 at 12:58 pm
Posted on 10/29/19 at 12:58 pm
LINK
Now this is not something I worry about but many Trumpkins here said the trade war was going to stop this. They even suggested stopping the decrease in manufacturing in the US is why we should punish Americans with tariffs.
The truth of the matter is our service economy is growing nicely and things like software production are included as services.
Clearly Trump's protectionist tariffs are having the opposite effect on US American manufacturing as manufacturers are losing export markets because their imported inputs are more costly than their foreign competitors. (It is almost impossible to make say tractor parts in the USA out of tariffed steel and then sell them into South America.)
Hopefully this trade war will accomplish the goals of the multinational US companies quickly and Trump will call off the tariffs.
Now this is not something I worry about but many Trumpkins here said the trade war was going to stop this. They even suggested stopping the decrease in manufacturing in the US is why we should punish Americans with tariffs.
The truth of the matter is our service economy is growing nicely and things like software production are included as services.
Clearly Trump's protectionist tariffs are having the opposite effect on US American manufacturing as manufacturers are losing export markets because their imported inputs are more costly than their foreign competitors. (It is almost impossible to make say tractor parts in the USA out of tariffed steel and then sell them into South America.)
Hopefully this trade war will accomplish the goals of the multinational US companies quickly and Trump will call off the tariffs.
quote:
The administration’s protectionist policies have disturbed companies’ supply chains, stymied investment and slowed hiring. Tariffs on billions of dollars worth of Chinese products helped tip the manufacturing sector into recession earlier this year. Some recent figures suggest stabilization but it remains fragile. Wednesday’s third-quarter GDP report is forecast to show the economy grew at the se
Read more at: LINK
Copyright © BloombergQuint
This post was edited on 10/29/19 at 1:00 pm
20
Posted on 10/29/19 at 12:59 pm to I B Freeman
every fricking day with your shite. 
Posted on 10/29/19 at 1:00 pm to I B Freeman
I dont know who you are trying to convince I B Screaming?? Looks like you are trying to convince yourself that you are not wrong while also trying to fit in to a place that will never want you. I actually feel bad for you man....
This post was edited on 10/29/19 at 1:02 pm
Posted on 10/29/19 at 1:01 pm to I B Freeman
quote:
I B Freeman
You are a low paying business owner who hates this country.
Posted on 10/29/19 at 1:01 pm to I B Freeman
This is how IBChinaman looks when he posts his propaganda...
Posted on 10/29/19 at 1:01 pm to I B Freeman
Posted on 10/29/19 at 1:01 pm to I B Freeman
Is manufacturing shrinking, or are other sectors expanding?
Maybe manufacturing has gotten more efficient in the last few decades?
Or...perhaps manufacturing is expanding while other sectors are expanding faster. (This is the correct answer)
You folks are so desperate for a win.
Maybe manufacturing has gotten more efficient in the last few decades?
Or...perhaps manufacturing is expanding while other sectors are expanding faster. (This is the correct answer)
You folks are so desperate for a win.
This post was edited on 10/29/19 at 1:04 pm
Posted on 10/29/19 at 1:02 pm to I B Freeman
Rest easy. I have no doubt Elizabeth Warren will right the ship for you.
Posted on 10/29/19 at 1:03 pm to I B Freeman
You need some new material baw
Posted on 10/29/19 at 1:03 pm to WHS
Almost daily we read of the negative impacts of the trade war.
Almost daily we see another seemingly major news piece on the trade war.
Now I post links to these stories and get down voted because Trumpkins do not want to read the stories. They want to deny the truth. They want big government to continue to punish Americans that import things for some reason. The Trumpkins cannot articulate in a credible fashion the reasons so they just downvote and insult.
Amazing.
Almost daily we see another seemingly major news piece on the trade war.
Now I post links to these stories and get down voted because Trumpkins do not want to read the stories. They want to deny the truth. They want big government to continue to punish Americans that import things for some reason. The Trumpkins cannot articulate in a credible fashion the reasons so they just downvote and insult.
Amazing.
This post was edited on 10/29/19 at 1:06 pm
Posted on 10/29/19 at 1:04 pm to I B Freeman
The jerk off that said millions of acres would be lost forever and steel prices would sky rocket wants to be taken seriously. 
Posted on 10/29/19 at 1:06 pm to I B Freeman
Melt!
Posted on 10/29/19 at 1:07 pm to I B Freeman
Manufacturing jobs have increased since the tariffs began and are still higher than when it started. LINK
Manufacturing Real Output has dipped slightly but is still higher than almost any time prior to or after the Recession and is only slightly lower than it's all-time high (which it hit in Q4 2018... ie DURING the tariffs) LINK.
Try again but maybe this time with something substantial to back up your claims?
Manufacturing Real Output has dipped slightly but is still higher than almost any time prior to or after the Recession and is only slightly lower than it's all-time high (which it hit in Q4 2018... ie DURING the tariffs) LINK.
Try again but maybe this time with something substantial to back up your claims?
This post was edited on 10/29/19 at 1:09 pm
Posted on 10/29/19 at 1:08 pm to I B Freeman
Almost every day we read about the horrible impact of this trade war on US agriculture that Trumpkins here refuse to acknowledge
China's Sanctions Against US Farmers May Be Everlasting
China's Sanctions Against US Farmers May Be Everlasting
Posted on 10/29/19 at 1:09 pm to I B Freeman
quote:
I B Freeman
You use slave labor .
Posted on 10/29/19 at 1:10 pm to I B Freeman
quote:
Manufacturing now smallest share of US Economy in 72 years
Yet:
quote:
Manufacturing employment in the U.S. is at the same level as 69 years ago
Ooops.
And the economy continues to add 10 of thousands of manufacturing jobs each month.
So in dollars yes it is getting smaller, but I bet the 12 million plus people working in manufacturing are damn glad to be working.
Why do you hate the American middle class?
Posted on 10/29/19 at 1:11 pm to Seldom Seen
The Trumpkins are clearly melting.
Posted on 10/29/19 at 1:12 pm to 93and99
IBchinamen is old school democrat... pro slavery
Posted on 10/29/19 at 1:12 pm to I B Freeman
A
c
r
e
s
GONE!
c
r
e
s
GONE!
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