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US Manufacturing Sector Contracts for First Time Since 2009

Discussion in 'American Politics' started by iluvatar5150, Aug 23, 2019.

  1. iluvatar5150

    iluvatar5150 Well-Known Member

    +15,834
    United States
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    https://www.washingtonpost.com/busi...sector-contracted-first-time-since-data-show/

    U.S. Manufacturing Sector Shrinks for First Time Since 2009

    #maga
     
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  2. High Fidelity

    High Fidelity Well-Known Member Supporter

    +8,121
    United Kingdom
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    Thanks Obama














    while it lasted.
     
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  3. iluvatar5150

    iluvatar5150 Well-Known Member

    +15,834
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    I didn't expect this to get much traction, but wow.
     
  4. Speedwell

    Speedwell Well-Known Member

    +14,136
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    The Left and much of the non-Trump Right are not surprised, and the rest don't want to talk about it.
     
  5. iluvatar5150

    iluvatar5150 Well-Known Member

    +15,834
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  6. Allandavid

    Allandavid Well-Known Member

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  7. KCfromNC

    KCfromNC Regular Member

    +9,524
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    Are we tired of all this winning yet?
     
  8. essentialsaltes

    essentialsaltes Stranger in a Strange Land

    +14,939
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    His presidency started off so hopefully in January 2017

    President Trump Announces Manufacturing Jobs Initiative

    President Trump announced today that as part of his overall job creation agenda he will launch a Manufacturing Jobs Initiative.

    The President will be meeting with some of the world’s most successful and creative business leaders to share their experiences and gain their insights.


    What a difference half a year makes.

    With corporate chieftains fleeing, President Donald Trump abruptly abolished their White House business councils on Wednesday - the latest fallout from his combative comments on racially charged violence in Charlottesville, Virginia.

    In a face-saving effort, he tweeted from Trump Tower in New York: "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!"
     
  9. hedrick

    hedrick Senior Veteran Supporter

    +6,956
    Presbyterian
    Single
    Remember, the President has limited impact on the economy. Tariffs are a problem. So is Trump's failure to do something that would really have helped: the infrastructure initiative he promised. But we're at about the point in the business cycle where you'd expect this.
     
  10. The_Barmecide

    The_Barmecide Well-Known Member

    497
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    Unless he's Obama...then he's solely responsible for the entire economy, even the stuff that happened before he took office.

    Not in Trumponomics! In Trumponomics they bring money INTO the economy!

    General rule of thumb: the word "Trump" negates the meaning of the word "promise" when they occur in the same sentence.
     
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  11. Ken-1122

    Ken-1122 Newbie

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  12. hedrick

    hedrick Senior Veteran Supporter

    +6,956
    Presbyterian
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    It’s hard to attribute it to any one cause. Surely that’s part of it.
     
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