Contributors

Wednesday, February 13, 2013

SOTU Bite Size Chunks (Part Two)

This one really struck me.

After shedding jobs for more than 10 years, our manufacturers have added about 500,000 jobs over the past three. Caterpillar is bringing jobs back from Japan. Ford is bringing jobs back from Mexico. After locating plants in other countries like China, Intel is opening its most advanced plant right here at home. And this year, Apple will start making Macs in America again. 

Say what? Apple is making Macs in America again? Yes, it is true. That is very good news!

4 comments:

Anonymous said...

Fact checking the 2013 State of the Union speech

The president is cherry-picking a number that puts the improvement in the economy in the best possible light. The low point in jobs was reached in February 2010, and there has indeed been a gain of about 6 million jobs since then, according to Bureau of Labor Statistics data. But the data also show that since the start of his presidency, about 1.2 million jobs have been created — and the number of jobs in the economy is about 3.2 million lower than when the recession began in December 2007.

Anonymous said...

Oops, quoted the wrong response to that claim. (I quoted overall jobs, not manufacturing jobs.) Here's the fact check on Obama's "manufacturing jobs" claim:

Obama again is cherry-picking a jobs number. The low point for manufacturing jobs was reached in January 2010, and so there has been a gain of 500,000 jobs since then. But BLS data show that the number of manufacturing jobs is still 600,000 fewer than when Obama took office in the depths of the recession — and 1.8 million fewer than when the recession began in December 2007.

Mark Ward said...

This is less a result of Obama's policies and more due to globalization. Remember, the president himself said in the debates that some of those jobs aren't coming back. This is the world we live in now and if we want free markets and higher prosperity around the world, we have to live with the consequences.

Juris Imprudent said...

Why are you so determined to fellate the President?