MaddowBlog-The 'manufacturing renaissance' exists only in Trump's imagination

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It’d be great if the president’s claims about the domestic manufacturing sector were true. They’re not.

The ‘manufacturing renaissance’ exists only in Trump’s imagination It’d be great if the president’s claims about the domestic manufacturing sector were true. They’re not. The post The ...

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https://www.ms.now/rachel-maddow-show/maddowblog/the-manufacturing-renaissance-exists-only-in-trumps-imagination

Hours later, Trump nevertheless told Americans by way of his social media platform that the nation is currently enjoying “a Manufacturing Renaissance.”

By any fair metric, this simply doesn’t exist, at least when it comes to job creation. The Washington Post reported:

The trade measures that the president said would spur manufacturing have instead hampered it, according to most mainstream economists. That’s because roughly half of U.S. imports are ‘intermediate’ goods that American companies use to make finished products, like aluminum that is shaped into soup cans or circuit boards that are inserted into computers.

So while tariffs have protected American manufacturers like steel mills from foreign competition, they have raised costs for many others. Auto and auto parts employment, for example, has dipped by about 20,000 jobs since April.

..If the Republican incumbent wanted to ask for Americans’ patience, fine. If he wanted to sketch out a plan about how he intends to improve domestic manufacturing, that’d be even better.

But instead of these reality-based approaches, Trump appears to prefer to play make-believe, pointing to a “renaissance” that exists only in his imagination