President Trump just answered.
“Job gains for the manufacturing industry in the last 12 months are the most since 1995,” CNBC reported.
What did you expect?
Donald Trump is a capitalist who knows business. He gets things done.
Obama is a community organizer. He hangs curtains.
CNBC reported, “Over the past year through July, U.S. manufacturing added 327,000 jobs, the most of any 12-month period since April 1995. The sector received a boost from President Donald Trump's corporate tax cut and a lift in overall economic activity.”
Carolyn Lee, executive director of the National Association of Manufacturers' Manufacturing Institute, said, “With 157,000 jobs created in July, including 37,000 in manufacturing, this report shows tax reform and regulatory relief are continuing to deliver for America's manufacturing workers.
“Congress and the administration have taken important steps in recent weeks to tackle this challenge, but this jobs report is a reminder that more work needs to be done through partnerships with the private sector to solve the workforce crisis facing manufacturing in the United States.”
Manufacturing drives an economy. The post-industrial state is poverty.
One more thing, Obama's childish refusal to call Donald Trump by name is perhaps the most Obama Moment in his 8 years in the Oval Office. I am surprised Obama did not stick his tongue out, too.
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By bringing manufacturing back, PDJT is bringing the middle class back, and none of them had to learn computer programming.
ReplyDeleteNothing wrong with programming, but it's not for everybody, as the Lefties can't seem to understand.
DeleteComputer programming is a myth, and has been for 25 years now. One guy called a local radio station and proclaimed "the average IT person makes $110,000 a year". Uh, no!
DeleteThe marketplace is saturated with computer programmers. Very few stay at a job for even 5 years. As people get raises, management lops off the highly paid people and replaces them with youngsters who they pay on salary - meaning they have to work overtime for no additional pay. And companies are still bringing in H1-B workers to further depress salaries.
Some contractors with special skills can pull down over $100k if they are continuously employed. But they do not get paid sick days, vacation days, health care, 401k, etc. And most of their contracts are for under 6 months, so they're always scrounging for work.
Most in-house programmers are making $30-50k (depending on experience) in the Midwest and other less populated areas. The coasts and higher populated areas will pay $40-60 for most. Silicon Valley and some areas of LA will pay over $100k, but rents for a one or two bedroom will start at $3k a month, and often climb to $4-5k...with costs of all goods in those areas far higher as store owners have to pay higher real estate costs, as well as high state/local taxes and "fees".
Again, because the programming languages have gotten higher level, a person just out of school or with a year or two experience can do the work of an experienced programmer. So with a few exceptions, the turnover in the industry is on par with that of local TV newspeople.
Manufacturing jobs with paid overtime are far, far better.
I can earn $30-50K/year as a programmer or >$100K a year as a tech writer documenting software. Why? Because a lot of programmers cannot write worth squat. I can write well, understand programming, but have two dozen published books.
DeleteThat means I can write to either a programmer or a general audience and have what I write understood by either group. That general audience is often the software user - often a plant operator, oil well driller, or trucker - running a piece of million or multi-million dollar capital equipment run by said software. Badly-written users' guides invite destruction of said equipment, so companies are willing to pay well if you really know how to make stuff comprehensible.
What really allows me to command a good salary is the scarcity of people who understand technology *and* can write well. Someone right out of high school should be able to match my writing skills, but schools stopped rigorously teaching writing shortly after I left school in the 1970s.
This is called identifying a niche and exploiting it.
A friend owns a trucking company. They haul raw materials (used to run chemicals from Nitro). They are slammed now. Economic view from the bottom of the supply chain.
ReplyDeleteDon't know what "slammed now" means, but heavy equipment - machines, large trucks, etc. - are currently on 12-18 backorder lists, with those factories running 2nd and 3rd shifts.
DeleteFord's stock is down 29%. Tariffs imposed by President Trump have reportedly cost the company $1 billion. The company is in the midst of a reorganization. Now, the company is announcing layoffs. MAGA!
ReplyDeleteShort term pain, long term gain. At some point you have to stand up to China, they're fleecing the world and stealing everything. I'd rather take the hit now rather than when they're economy is larger than ours and we can't manipulate the dollar like we're used to doing. If you're in favor of burying your head in the sand and hoping it gets better, then you're right, this is bad, maybe some more Obama magic could fix it in the future....
Delete*their, not they're, dang autocorrect...
DeleteThe Big Three Auto Manufacturers (US - 1930s) got together back in the day and formed a fourth company whose express purpose was to acquire public transit systems, and destroy them.
DeleteAll to sell more cars.....
Karma don't care...... lol
Democrats don't care about the private sector economy. Ever bigger government at all levels is their only real agenda. Obama did his best to destroy some of the best jobs here in Montana.
ReplyDeleteSo much winning and promises kept going on, the only thing Trump will have left to promise in 2020 is Rodney Dangerfield's final line in "Caddyshack".
ReplyDeleteCan't miss.
Frankly my dear "O" didn't know his a** from a hole in the ground.
ReplyDelete