Drawing by Nathaniel St. Clair
In mid-2015, announcing his candidacy for president of the United States, Donald Trump declared that he would “be the greatest jobs president that God ever created.”
Subsequently, the Republican billionaire hammered away at this theme. The nation’s loss of factory jobs, he argued, was the fault of Democrats, but, as he told a Detroit audience, he would “restore manufacturing in the United States.” Addressing a campaign rally in Warren, Michigan, he asserted: “If I’m elected . . . you won’t lose one plant, I promise you that.”
With Trump’s election, however, just the opposite occurred. During the four years of Trump’s presidency, the United States lost 2.7 million jobs. As a result, he was the only president since 1939, when the U.S. government began compiling such employment statistics, to preside over a net loss of jobs.
Indeed, when it came to job creation, Trump was vastly outperformed by the other presidents. Bill Clinton oversaw the biggest gain, 23 million additional jobs, followed by Ronald Reagan (16 million), Joe Biden (14 million), and Lyndon Johnson (12 million)―all the way down to George W. Bush (1.4 million). During the presidency of Barack Obama, Trump’s much-reviled predecessor, the United States added 11.6 million jobs.
Trump’s defenders point to the disruptive effect the Covid-19 pandemic had on the American economy. Although the disease crisis certainly undermined employment during his presidency, it’s also true that his denial and mismanagementof the public health emergency deepened its human and economic impact in the United States. Furthermore, even before the pandemic hit, job creation during the Trump presidency was relatively weak. During Trump’s first 31 months in office, employment growth in the United States averaged 176,000 jobs per month. During Biden’s first 31 months in office, employment growth averaged 433,000 jobs per month.
Trump, of course, knew how to create jobs, and, during his 2016 presidential campaign, even touted a specific plan for doing that―a $1 trillion federal program to rebuild America’s infrastructure. “We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals,” he declared in a speech on the night of his election. “And we will put millions of our people to work as we rebuild it.”
But Trump had very different priorities and, during his presidency, his infrastructure program never materialized. As a result, federal investments on roads and bridges as a share of the economy remained stagnant, Trump’s promises to upgrade ports and airports went unfulfilled, and federal spending on water infrastructure fell to a 30-year low.
Scrapping its ballyhooed infrastructure plan, the Trump administration instead pushed legislation through Congress in December 2017 that was far more in tune with its real priorities―a $1.9 trillion tax cut favoring corporations and wealthy Americans. “Corporations are literally going wild over this,” Trump chortled. At the same time, adopting the GOP’s trickle-down approach, the administration promoted this legislation (the misnamed “Tax Cuts and Jobs Act”) as a jobs-creating measure. Trump predicted a boom in business investment and claimed that factories are “not going to be abandoned any longer.”
In fact, none of this followed, and, two years later, business investment was declining while mass layoffs continued. Recalling Trump’s false promises about jobs creation, an embittered welder who had supported Trump in 2016 assailed the president’s choice of tax cuts for the rich over infrastructure investments and lamented that he and other members of the building trades had been “snookered” by Trump’s promises to rebuild the country.
In addition, despite all Trump’s talk of creating manufacturing jobs, the nation actually had a net loss of 154,000 of them during his presidency. Nor was this surprising, for between 2016 and 2018―a period before the economic difficulties wrought by the pandemic―nearly 1,800 U.S. factories shut down in the United States.
The policies of the Trump administration played an important role in this decline of U.S. manufacturing capacity and employment. Its tariff wars with other nations added to the problem of U.S. trade deficits that had long undermined U.S. manufacturing. In addition, its tax policies, including provisions in its “Tax Cuts and Jobs Act” of 2017, encouraged the outsourcing of jobs by U.S. corporations.
In numerous factory cities and towns, particularly in the Midwest Rust Belt, workers felt the effects of Trump’s betrayal keenly. In 2016, Trump assailed the planned shutdown of the Rexnard steel bearings plant in Indianapolis and movement of its operations to Mexico. “No more!” he promised, and said he would raise taxes on companies like Rexnard. But the plant closed, 300 workers were left jobless, and the company received a $55 million windfall from the administration’s 2017 tax legislation. Dismayed by her termination after 18 years’ employment at the plant, one jobless worker, who had voted for Trump, remarked: “He talked the talk everyone wanted to hear,” but “I don’t see him saving any jobs. . . It’s all a fake.”
Similarly, General Motors, which received $6.9 billion thanks to the administration’s 2017 tax legislation, announced in November 2018 that it was closing its giant Lordstown, Ohio auto factory, thereby terminating the employment of 4,500 workers. The company then sold the plant to Lordstown Motors which, by October 2020, employed a total of 100 workers at half the pay. Trump, however, found it remarkably easy to ignore such disasters, boasting during his 2020 re-election campaign that his policies had created “one manufacturing miracle after another in Ohio.” Lordstown’s unemployed workers, though, saw things somewhat differently, with one calling Trump “a liar and a con man.”
Overall, Trump’s record as a “jobs president” was deeply flawed, but also sadly appropriate for an individual who had become famous for telling participants in a reality TV program: “You’re fired!”
This article was originally published by The Hill (https://thehill.com/opinion/4595225-donald-trumps-empty-promises-on-jobs/).
The post Donald Trump’s Empty Promises on Jobs appeared first on CounterPunch.org.
