Manufacturing recession we ignored

[rambot]

https://www.washingtonpost.com/busi...e-election-with-deep-manufacturing-recession/

2 quarters of shrinking. It's hard when you're trying to get rid of him for dishonesty to think that you may end up getting rid of him for incompetence in the end

 

[TLK Valentine]

https://www.washingtonpost.com/busi...e-election-with-deep-manufacturing-recession/

2 quarters of shrinking. It's hard when you're trying to get rid of him for dishonesty to think that you may end up getting rid of him for incompetence in the end

That can only happen if Donald's base can admit to him being incompetent...

... since they can barely admit to him being imperfect, lotsa luck.

 

[Aldebaran]

That can only happen if Donald's base can admit to him being incompetent...

... since they can barely admit to him being imperfect, lotsa luck.

When is the last time the unemployment rate was as low as 3.2%? It was 1951. Compare Today's Unemployment with the Past

Trump has done a good job with the economy.

 

[Basil the Great]

This is not good news for the President.

 

[Basil the Great]

When is the last time the unemployment rate was as low as 3.2%? It was 1951. Compare Today's Unemployment with the Past

Yes, true, very true. We cannot dispute that fact.

 

[rambot]

When is the last time the unemployment rate was as low as 3.2%? It was 1951. Compare Today's Unemployment with the Past

Trump has done a good job with the economy.

If you make changes that don't sustain themselves, you,'ve done nothing.
Taking a warm economy and heating it up a bit more means nothing if your other policies splash water on it

 

[Aldebaran]

If you make changes that don't sustain themselves, you,'ve done nothing.
Taking a warm economy and heating it up a bit more means nothing if your other policies splash water on it

It's been more than heated up a bit. Not since 1951 has the unemployment rate been as low as it is now--and that's despite people predicting that Trump was actually going to crash the economy.

Also, no economic changes are going to sustain themselves. That's why the unemployment rate and other economic changes happen all the time. Just like the Dow Jones on a daily basis, which can sharply drop one day and then go back up the next day just as fast. Even a single event can change the economy, such as 9/11 did.

 

[JohnAshton]

Think how much better the UE would be (2.5%) if Trump were gone.

Thank heavens he has not undone (yet) the Obama recovery.

 

[Aldebaran]

Think how much better the UE would be (2.5%) if Trump were gone.

Thank heavens he has not undone (yet) the Obama recovery.

The "Obama Recovery" had a UE rate of 4.7%--9.9%. I'll take the current 3.2% as preferable.

 

[JohnAshton]

The range was from above 10 all the way to 4.4, which was just amazing. Trump never could have done it, probably would have it up to 15 and above.

If Obama had the UE to 3.2, he would have had a popularity and job performance rating over 65. Trump can barely stay a point or two above 40.

 

[Aldebaran]

The range was from above 10 all the way to 4.4, which was just amazing. Trump never could have done it, probably would have it up to 15 and above.

If Obama had the UE to 3.2, he would have had a popularity and job performance rating over 65. Trump can barely stay a point or two above 40.

According to the latest numbers, Trump has done it. The UE is currently 3.2.

 

[rambot]

It's been more than heated up a bit. Not since 1951 has the unemployment rate been as low as it is now--and that's despite people predicting that Trump was actually going to crash the economy.

Also, no economic changes are going to sustain themselves. That's why the unemployment rate and other economic changes happen all the time. Just like the Dow Jones on a daily basis, which can sharply drop one day and then go back up the next day just as fast. Even a single event can change the economy, such as 9/11 did.

So if his successes are killed by his poor decisions, how is it a success? Especially if it doesn't even last til the next election.
9/11 is outside of control. Trump should have had a TERRIBLY easy time As there has been no external trauma events to derail his economy. His OWN decisions are causing the problem

 

[JohnAshton]

According to the latest numbers, Trump has done it. The UE is currently 3.2.

Naw, Aldebaran, we know that a 3.2 should result in a 65, but even Rasmussen can only give him a 47 among

Polling Data
Poll Date Sample Approve Disapprove Spread
RCP Average 10/1 - 10/17 -- 42.6 54.1 -11.5
Reuters/Ipsos 10/14 - 10/15 961 RV 43 54 -11
Economist/YouGov 10/13 - 10/15 1136 RV 42 55 -13
Rasmussen Reports 10/15 - 10/17 1500 LV 47 52 -5
Quinnipiac 10/11 - 10/13 1195 RV 41 54 -13
Politico/Morning Consult 10/11 - 10/13 1993 RV 40 57 -17
GU Politics/Battleground 10/6 - 10/10 1000 LV 43 53 -10
FOX News 10/6 - 10/8 1003 RV 43 55 -12
Gallup 10/1 - 10/13 1526 A 39 57 -18
NPR/PBS/Marist 10/3 - 10/8 926 RV 45 51 -6
NBC News/Wall St. Jrnl 10/4 - 10/6 800 A 43 53 -10

 

[mark46]

Trump will not be beaten on economic issues. Further, the Democrats shouldn't be doing Trump's job of emphasizing economic issues.

And yes, I understand that there are structural issues such as the loss of manufacturing jobs, increased automation, and record inequality.

Blaming Trump for these is simply silly. The loss of manufacturing jobs to lower cost producers and to automation is a trend that goes back many decades. After all, real wages Didn't increase for the last 45 years, although I believe they have RECENTLY.

Blaming Trump is a waste of time. Presenting solutions of the far left is a much different problem, that is a way to extract defeat from the jaws of victory.
=====
This could be the 4th election in a row where the opposition party was clueless with regard to what defeated them.
===========
There are issues which can be red meat the Democratic base, and can still be winning issues: healthcare, gun regulation, and a public works program for fixing our infrastructure.

 

[Speedwell]

And yes, I understand that there are structural issues such as the loss of manufacturing jobs, increased automation, and record inequality.

The OP is not about a loss of manufacturing jobs, it is about a protracted slump in manufacturing output. And yes, it is at least in part due to increased manufacturing costs, lowered access to foreign markets and disrupted supply chains cause by Trump's chaotic trade policy.

 

[JackRT]

public works program for fixing our infrastructure.

Trump promised that too.

 

[mark46]

Democrats are free to continue to dig this hole.

The job situation is better than when Trump was elected, and that is truly startling.
=====
With regard to trade policy, Trump will have a summer 2020 surprise for Democrats. Most of the China tariffs, and many others will be removed. The reaction of the markets and of industry will be strongly positive. Trump will simply declare a win, and it will be difficult for the Democrats to be able to win the argument with the voters.

The OP is not about a loss of manufacturing jobs, it is about a protracted slump in manufacturing output. And yes, it is at least in part due to increased manufacturing costs, lowered access to foreign markets and disrupted supply chains cause by Trump's chaotic trade policy.

 

[mark46]

Yes, as did Obama, Trump had a choice with regard to priorities in the initial spending of political capital.

IMO, had he chose infrastructure as his first priority, there would be very little chance to defeat him in 2020. Obviously, he could still have still added all the gains from the reductions in regulation. He still could have had his tariffs. Also, he might have fought for a corporate tax cut, which would have little loss of votes. Instead he chose tax cuts that included large tax cuts for the top brackets.

As the alternative, Trump chose reversing Obamacare and a general tax cut as his initial priorities.

Trump promised that too.

 

[hislegacy]

Bureau of Labor Statistics Data

They might know more than the Washington post.

 

[JohnAshton]

Democrats are free to continue to dig this hole.

The job situation is better than when Trump was elected, and that is truly startling.
=====
With regard to trade policy, Trump will have a summer 2020 surprise for Democrats. Most of the China tariffs, and many others will be removed. The reaction of the markets and of industry will be strongly positive. Trump will simply declare a win, and it will be difficult for the Democrats to be able to win the argument with the voters.

If that is so, it won't matter, mark46, because the economy is not an issue for the country.

Trump is the issue for voters. He will gain no new votes if the economy remains "strongly positive." In fact with a decent economy, Trump's performance numbers in positivity have dropped.

Study the realclearpolitics.com studies on presidential job performance.

Not inspiriting for his supporters at all.