Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Quixote1818

(28,930 posts)
Mon Dec 16, 2019, 09:12 PM Dec 2019

There are economic warning signs for Trump in the midwest - NY Times

Summary: Trump's economic performance boils down to this: Anywhere he's tried anything big, like agri and manufacturing, things have gotten worse. Everywhere he's left the Obama economy alone is doing great.


By Ben Casselman and Karl RussellDec. 16, 2019


The American economy has found its footing after a summer recession scare. But much of the Midwest is still stumbling.

President Trump campaigned in 2016 on a pledge to restore jobs — manufacturing jobs, specifically — to long-struggling Midwestern communities, and he has made the economy a centerpiece of his re-election campaign.

But job growth has slowed sharply this year in Michigan, Pennsylvania and other states that were critical to Mr. Trump’s victory in 2016, as well as in states like Minnesota that he narrowly lost. Hiring in the region has remained sluggish even as it has picked up this fall in much of the rest of the country. Other economic measures show similar weakness.

Job growth has been slow in key states.

The states are struggling in part because they depend heavily on manufacturing and agriculture, two sectors that have been hit especially hard by Mr. Trump’s trade war. Tariffs have driven up prices for imported parts and materials, and pushed down demand for American goods abroad.

“Apart from agriculture and manufacturing, everything’s going OK,” said Ernie Goss, an economist at Creighton University in Omaha who publishes an economic index that tracks nine states from Minnesota to Arkansas. “Well, in this part of the country that’s not comforting. Those are the two industries we depend on.”

Manufacturing job growth has been declining nationwide . . .

More: https://www.nytimes.com/interactive/2019/12/16/business/trump-midwest-swing-jobs.html

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
There are economic warning signs for Trump in the midwest - NY Times (Original Post) Quixote1818 Dec 2019 OP
At the rate things are going... Newest Reality Dec 2019 #1
"Apart from agriculture and manufacturing" Firestorm49 Dec 2019 #2
Everything's just fine! Oh...except for the deficit... abqtommy Dec 2019 #3

Newest Reality

(12,712 posts)
1. At the rate things are going...
Mon Dec 16, 2019, 09:20 PM
Dec 2019

Instead of Trump-regression, we really need some progress and mitigation and quickly before we get to too little too late.

The influx of automation and AI is not a far-off, science fiction fantasy. It is in progress and it looks to me like the impact on jobs in general is going to be significant. I am not seeing a correlation of this industrial revolution with past ones due to the kind of change it is bringing. It is rather unclear what will replace this round of replacement and it looks like the impact will be on both white and blue collar jobs. If anything, we will have more positions in low-wage service positions until those human-oriented jobs are filled in by automation as well.

If this keeps up, we will be looking at the latest survival rates rather than job numbers as the priority.

Firestorm49

(4,032 posts)
2. "Apart from agriculture and manufacturing"
Mon Dec 16, 2019, 09:54 PM
Dec 2019

I guess that leaves the service industry where you’ll never make a living wage. How Republican.

Latest Discussions»General Discussion»There are economic warnin...