Quote:
Originally Posted by detbuch
It became a hot labor market during Trump's adminstration becoming so after his tax policies enticed production back to this country and freed even smaller businesses to start up or expand. Then came the pandemic and the following worldwide market collapse.
The pandemic winding down and restrictions being eased or eliminated allowing the market to open up again should normally result in a huge demand for labor to return to production and services. After the initial regrowth to some previous normal, the measure of success will be told if new tax policies maintain growth, or suppress or reverse it.
|
If production came back to this country under Trump you would see it reflected in manufacturing payrolls
but you don't
https://tradingeconomics.com/united-...uring-payrolls
Maybe you would see a jump in total employment
https://tradingeconomics.com/united-...ployed-persons
Oops, no jump there either
Oddly enough, democratic presidents have better results with jobs and the economy than republicans.
The Democratic presidents were in office for a total of 429 months, with 164,000 jobs per month added on average, while the Republicans were in office for 475 months, with a 61,000 jobs added per month average. This monthly average rate was 2.4 times faster under Democratic presidents.
Hybrid Mode
