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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThere 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. Trumps 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. Trumps 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, everythings 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 thats 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
Newest Reality
(12,712 posts)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)I guess that leaves the service industry where youll never make a living wage. How Republican.