S*** the President Says – 2/4/2019

Ladies and gentlemen, some s*** the president said during the previous week:

Sure looks to me like manufacturing bottomed out during the Great Recession (like every other sector), then began recovering in 2010 (like every other sector). Did it turn up a little after 2016? Maybe if you squint hard enough. Now here is the past 10 years of all non-farm employees:

Sure looks like manufacturing jobs have tracked with the rest of the economy. No “incredible revival.” No “nobody thought it was possible.” Just a continuation of the recovery Obama set into motion with the 2009 stimulus known as ARRA. For good measure, here’s a good timeline of Trump’s jobs rhetoric vs. the reality.

That’s our report for this week. Be sure to check out the links for more info on any particular topic and, as always, thanks for reading.

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