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News & Current Events Discuss Trump creates National Trade Council to ‘make American manufacturing great again’ at the General Forum; Not sure if any of this will work, but I'm pumped 'bout Trump's vision and focus on jobs and our ...

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Old 12-21-2016, 08:08 PM
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Default Trump creates National Trade Council to ‘make American manufacturing great again’

Not sure if any of this will work, but I'm pumped 'bout Trump's vision and focus on jobs and our economy. Never in my life have I seen a POTUS give this so much attention.

One thing is for sure - Trump is treating the presidency like a business, which is a good thing. The same-old-same-old politicians have failed miserably. It's time to try something fresh with a different mindset.

Trump creates National Trade Council to ‘make American manufacturing great again’ – TheBlaze

President-elect Donald Trump plans to form a new trade-focused council with the goal of boosting American manufacturing.

The White House National Trade Council will be led by Peter Navarro, director of trade and industrial policy.

The council will exist “to make American manufacturing great again and to provide every American the opportunity to work in a decent job at a decent wage,” as well as shrinking the “trade deficit,” expanding growth and stopping jobs from leaving the U.S., Trump’s transition team said in a statement. The “Buy America, Hire America” program will focus on Trump’s “America first” trade strategy after he takes office Jan. 20.

The NTC will advise Trump on strategies for trade negotiations, as well as assist unemployed U.S. workers.

“I read one of Peter’s books on America’s trade problems years ago and was impressed by the clarity of his arguments and thoroughness of his research,” Trump said in statement. “He has presciently documented the harms inflicted by globalism on American workers, and laid out a path forward to restore our middle class. He will fulfill an essential role in my administration as a trade advisor.”

Navarro, a UC-Irvine professor and Harvard economist, said he welcomes the chance to affect U.S. trade policies.

“I am deeply honored for the opportunity to serve the President-elect and this nation and to advise on policies to rebalance our trade, rebuild our industrial base, and restore America’s comprehensive national power by making America great again,” he said.
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Old 03-08-2017, 05:57 AM
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Angry Re: Trump creates National Trade Council to ‘make American manufacturing great again’

China eatin' our lunch...

$31,304,400,000: U.S. Merchandise Trade Deficit With China Sets January Record
March 7, 2017 | The U.S. merchandise trade deficit with China set a record for the month of January, hitting $31,304,400,000, according to data released today by the Census Bureau.
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During January, the United States exported $10,071,900,000 in goods to China but imported $41,376,300,000 in goods from China. Prior to this year, the largest merchandise trade deficit the United States has ever run with China in the month of January was the $29,821,870,000 deficit (in constant 2017 dollars) the U.S. ran with China in the first month of 2015.


In that year, the U.S. went on to run a record annual merchandise trade deficit with China of $376,192,000,000 in 2017 dollars. In 2016, the merchandise trade deficit dropped to $351,132,830,000 in 2017 dollars. This year was the first time the U.S. merchandise trade deficit with China topped $30 billion in the month of January.


The $31,304,400,000 merchandise trade deficit with China in this January was approximately 531 times larger than the $58,900,000 merchandise trade deficit (in constant 2017 dollars) the U.S. ran with China in 1985. Values were adjusted to 2017 dollars using the Bureau of Labor Statistics inflation calculator.

http://www.cnsnews.com/news/article/...january-record
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Old 04-08-2017, 06:19 AM
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Cool Re: Trump creates National Trade Council to ‘make American manufacturing great again’

Trump savin' jobs, puttin' America back to work...

12,392,000: U.S. Manufacturing Jobs Reach Highest Level in 8 Years
April 7, 2017 | The United States added 11,000 jobs in manufacturing in March reaching a total of 12,392,000 people employed in the manufacturing sector, according to data released today by the Bureau of Labor Statistics.
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That is the greatest number of people employed in manufacturing in the United States since January 2009—the month that President Barack Obama was inaugurated—when there were 12,561,000 people employed in manufacturing. In February 2009, manufacturing employment dropped to 12,380,000—a number it did not exceed until February of this year, when it reached 12,381,000.


At the same time, according to BLS, the number of people employed in government increased by 9,000 in March, climbing from 22,309,000 in February to 22,318,000. Since December 2016, the U.S. has gained 49,000 manufacturing jobs and 19,000 government jobs. Government jobs in the United States in March still outnumbered manufacturing jobs by 9,926,000.

The number of manufacturing jobs in the United States peaked in June 1979 at 19,553,000. Since then, it has declined by 7,161,000 to the 12,392,000 reported for this March, according to the BLS numbers. During the same time frame—from June 1979 to February 2017—the number of government jobs grew from 16,045,000 to the current 22,318,000, an increase of 6,273,000.

12,392,000: U.S. Manufacturing Jobs Reach Highest Level in 8 Years
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153,000,000 Americans Employed in March, Setting 2nd Straight Record
April 7, 2017 – The number of employed Americans increased 472,000 to 153,000,000 in March, setting a second straight monthly record; and the number of unemployed persons dropped by 326,000 to 7.2 million. That brought the nation’s unemployment rate down two-tenths of a point to 4.5 percent.
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The Labor Department’s Bureau of Labor Statistics said the labor force participation rate remained flat at 63 percent in March; and the number of Americans not in the labor force increased slightly to 94,213,000, up 23,000 from February’s 94,190,000. The Bureau of Labor Statistics says the economy added 98,000 jobs last month, which was well below the gains of 219,000 in February and 216,000 in January. Employment increased in professional and business services – and in mining – but retailers lost jobs.

The 94,213,000 million people counted as not participating in the labor force last month includes millions of baby boomer retirees, students, the disabled, homemakers and others who do not work for various reasons. But -- as we have noted and will continue to note – this number is important because many of those not in the labor force receive Social Security, Medicare, Medicaid, health insurance subsidies or other benefits/entitlements that depend on the taxes paid by those who do work.

In March, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 254,414,000. Of those, 160,201,000 participated in the labor force by either holding a job or actively seeking one.

The 160,201,000 who participated in the labor force equaled 63 percent of the 254,414,000 civilian noninstitutionalized population. Among the major worker groups, the unemployment rates for adult women (4.0 percent), whites (3.9 percent) and Hispanics (5.1 percent) declined in March. The jobless rate for adult men (4.3 percent), blacks (8.0 percent) and Asians (3.3 percent) showed little or no change.

DNC says we should thank Obama, not Trump
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Old 11-04-2017, 09:51 AM
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Cool Re: Trump creates National Trade Council to ‘make American manufacturing great again’

Granny says, "Dat's right - Trump is good fer the economy...

138,000 Manufacturing Jobs Added This Year
November 3, 2017 | The United States has gained 138,000 manufacturing jobs in 2017, according to data released today by the Bureau of Labor Statistics.
Quote:
In December, the last month of 2016, there were 12,343,000 employed in manufacturing in the United States, according to BLS. By October, that had risen to 12,481,000. The 12,481,000 people employed in the manufacturing in October was the most since January 2009, the month that Barack Obama was inaugurated president. That month, there were 12,561,000 employed in manufacturing. But in February 2009, manufacturing employment fell to 12,380,000.


Between September and October of this year, manufacturing employment increased by 24,000—rising from 12,457,000 in September to October’s 12,481,000. While employment was rising in manufacturing during October, it was also rising in government. From September to October, employment in state, local and federal government rose from 22,352,000 to 22,361,000—an increase of 9,000 for the month.

So far in 2017, government has added 62,000 jobs—increasing from 22,299,000 in December 2016 to October’s 22,361,000. Government jobs increases at each level of government—rising from 2,809,000 to 2,814,000 on the federal level, 5,089,000 to 5,091,000 on the state level; and 14,454,000 to 14,456,000 on the local level. Government jobs now outnumber manufacturing jobs in the United States by 9,880,000. Manufacturing jobs peaked at 19,533,000 in June 1979. Government jobs exceeded manufacturing jobs in the United States for the first time in August 1989.

https://www.cnsnews.com/news/article...obs-added-year
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95,385,000: Record Number Not in Labor Force; Participation Rate Falls to 62.7%
November 3, 2017 – The economy added 261,000 jobs in October – the most since President Trump took office -- and the nation’s unemployment rate dropped another tenth of a point to 4.1 percent, the Bureau of Labor Statistics reported on Friday.
Quote:
But a record number of Americans – 95,385,000 – were not in the labor force in October, and the critical labor force participation rate dropped four-tenths of a point to 62.7 percent, a disappointing show, as 76,500 Americans left the civilian labor force.. The previous "not in the labor force" record of 95,102,000 was set in December 2016, the final full month of the Barack Obama presidency. And the labor force participation rate reached 38-year low of 62.4 percent in September 2015, near the end of Obama's second term. The participation rate has not improved much since then, although it had been trending up since May 2017.

In October, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 255,766,000. Of those, 160,381,000 participated in the labor force by either holding a job or actively seeking one. The 160,381,000 who participated in the labor force equaled 62.7 percent of the 255,766,000 civilian noninstitutionalized population.

Employment in food services and drinking places increased sharply in October, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. Job gains also occurred in professional and business services, manufacturing, and health care.

Among the major worker groups, the unemployment rates for adult women (3.6 percent) and Whites (3.5 percent) declined in October. The jobless rates for adult men (3.8 percent), teenagers (13.7 percent), Blacks (7.5 percent), Asians (3.1 percent), and Hispanics (4.8 percent) showed little change. The Bureau of Labor Statistics says job gains have averaged 162,000 over the last 3 months.

https://www.cnsnews.com/news/article...ion-rate-falls
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Old 11-04-2017, 02:12 PM
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Default Re: Trump creates National Trade Council to ‘make American manufacturing great again’

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Originally Posted by waltky View Post
Trump savin' jobs, puttin' America back to work...

12,392,000: U.S. Manufacturing Jobs Reach Highest Level in 8 Years
April 7, 2017 | The United States added 11,000 jobs in manufacturing in March reaching a total of 12,392,000 people employed in the manufacturing sector, according to data released today by the Bureau of Labor Statistics.


See also:

153,000,000 Americans Employed in March, Setting 2nd Straight Record
April 7, 2017 – The number of employed Americans increased 472,000 to 153,000,000 in March, setting a second straight monthly record; and the number of unemployed persons dropped by 326,000 to 7.2 million. That brought the nation’s unemployment rate down two-tenths of a point to 4.5 percent.
According to the chart you posted, manfufacturing jobs have been increasing over the last few years. Not sure how you thank Trump for that.
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