Renowned Economist Calls Trump “Utter Failure” At Bringing Manufacturing Jobs

JakeThomas

"[W]hat should really scare him is his utter failure to boost manufacturing in swing states," wrote Paul Krugman.

Economist Paul Krugman, who won the Nobel Prize in 2008, slammed President Donald Trump’s repeated claims on Wednesday that he is presiding over the best economy ever.

According to Newsweek, Krugman tweeted a reminder of the president’s “utter failure” to bring back manufacturing jobs in swing states.

"The meh GDP numbers won't help Trump next year. But what should really scare him is his utter failure to boost manufacturing in swing states," wrote Krugman, who also is a columnist for The New York Times.

Singling out Wisconsin as an example, Krugman shared a chart showing the swing state “has significantly fewer manufacturing jobs now than it did in 2015 or 2016.”

Wisconsin voted for Barack Obama twice, Newsweek noted, and only handed a victory to Trump by a slim margin. Ohio and Michigan, which also went to Obama twice before swinging to Trump in 2016, are six months into a steady decline in manufacturing jobs as well, the publication reported.

The president still enjoys support in the country’s Midwest, but there are signs that Trump’s support is not as rock solid as it was just a few years ago.

"Pretty much anything that man says is unrealistic to me," Bill Adams, vice president of the United Auto Workers Local 1112, told CNN this week.

“Adams was voicing his frustration over the fact that a Lordstown, Ohio General Motors (GM) plant would remain closed despite a promise from the president that factory jobs would return to the area,” Newsweek explained.

"How'd that work out? It didn't," Adams said. "He lied."

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Comments (1)
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SeaTac Mike
SeaTac Mike

Of course no one's going to stop factory jobs from going to cheaper labor markets. Hell it's been a trend for 40 years. And these people thought he was going to save them? Talk about a snake oil salesman.


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