In the last 21 months, namely for all of 2017 and 2018 to date, there has been a sky-rocketing increase in goods-producing jobs compared to the prior 21 months. These goods-producing jobs are jobs in mining, construction, and manufacturing. Charles Payne pointed this out in Strongest Economy Ever?
Trump last 21 months: 825,000 new jobs
Obama prior 21 months: 275,000 new jobs
Remember that the “New Normal” economy under Obama was said to have no place for less-educated Americans except in the low-paying portion of the service economy. Their unemployment rate was expected to remain high forever. They were doomed to be replaced by robots to the extent that goods-producing jobs were even going to be part of our American economy. Goods-producing jobs were said to be planet-destructive and therefore we should be happy to see them become extinct. The Obama regulatory agencies were tasked with seeing that large segments of the goods-producing industries were driven into bankruptcy. Besides, American goods-producing industries simply could not compete with the low-cost labor overseas it was said, so they were doomed anyway.
The reality is that goods-producing industries were doomed to extinction under Obama, but not under Trump. It takes a murderous hand to kill off the economic vigor of Capitalism and Obama with his determination to transform America had just such a murderous hand on the neck of goods-producing American capitalists. Trump simply stopped trying to strangle goods-producing American capitalists and they responded by increasing the rate of new goods-producing jobs by a factor of 3.
Now tell me that that difference is not critically important to a great many American workers and their families. Tell me that healthy American goods-producing industries are not important to our national security. I will have a hard time suppressing my laughter at such foolish notions.
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