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where is the news of trumps phase 1 china deal?
#7
RE: where is the news of trumps phase 1 china deal?
What a deal...

Quote:
Battleground states lose 27,000 manufacturing jobs despite Trump's promises


Michigan, North Carolina, Pennsylvania, and Wisconsin lost a total of 27,000 manufacturing jobs from January through September of 2019, NBC News reported on Tuesday. The job losses come in states Trump narrowly won in 2016 and are widely seen as battleground states in the 2020 election.

Pennsylvania, a state Trump won by a mere 0.7%, lost 8,100 manufacturing jobs in 2019. Two other states Trump won by less than 1%, Michigan and Wisconsin, also saw thousands of job losses in the manufacturing sector this year.

The massive job cuts come despite Trump's promise to restore manufacturing to the very states seeing a decline.

In mid-August, Trump visited Pennsylvania and claimed, "we're restoring the glory of American manufacturing, and we are reclaiming our noble heritage as a nation of builders again."

During a 2016 campaign stop in Michigan, Trump vowed, "If I'm elected, you won't lose one plant … The long nightmare of jobs leaving Michigan will be coming to a very rapid end."

Instead, Trump has guided the sector into a recession. In early August, Bloomberg reported that the U.S. manufacturing sector was "technically already in a recession." A recession happens when the Federal Reserve observes two straight quarters of declining output.

Trump never promised a recession. At an October 2016 campaign stop in Fletcher, North Carolina, Trump promised, "We are going to start making things in North Carolina again."

According to NBC News, Trump's "protracted and chaotic trade war and haphazard policymaking have grown increasingly uncertain about the future." And uncertainty in the market "affects [business] decisions about hiring and makes them more cautious," Brian Phelan, an associate professor of economics at DePaul University, told NBC.

Trump's "escalating trade war with China is taking a big bite from the manufacturing sector," CNBC also reported in early August.

Rather than take care of residents in manufacturing states, Trump's beef with China is causing an economic slowdown. And it's not just the manufacturing sector.

Economists at major banks are warning of an impending recession that could hit the entire economy.

https://shareblue.com/donald-trump-manuf...ction/amp/
teachings of the Bible are so muddled and self-contradictory that it was possible for Christians to happily burn heretics alive for five long centuries. It was even possible for the most venerated patriarchs of the Church, like St. Augustine and St. Thomas Aquinas, to conclude that heretics should be tortured (Augustine) or killed outright (Aquinas). Martin Luther and John Calvin advocated the wholesale murder of heretics, apostates, Jews, and witches. - Sam Harris, "Letter To A Christian Nation"
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Messages In This Thread
where is the news of trumps phase 1 china deal? - by Drich - October 22, 2019 at 4:36 pm
RE: where is the news of trumps phase 1 china deal? - by Fake Messiah - October 22, 2019 at 10:33 pm

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