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Thursday, October 17, 2024

US Manufacturing Has Soared Below Biden & Harris, Was Stagnant Below Trump


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Hurricane Helene hit, the US vice presidential debate occurred, I discovered my mother’s space of North Carolina was struggling dramatically from the consequences of Helene (they nonetheless don’t have water) and I helped her get out of there, then Hurricane Milton terrorized us down right here in Florida. I watched that debate, and it drove me nuts due to the fixed mendacity and misinformation, however I didn’t get the possibility to return to it … till now.

Once more, there was numerous misinformation, and there was the notorious “you stated you weren’t going to reality examine us” line, however because it pertains to CleanTechnica, I discovered the claims about US manufacturing from JD Vance to be surprising and blatantly false. Fortunately, I turned to Twitter (aka X) and noticed a terrific thread doing a lot of the work for me. Eric Feigl-Ding, an epidemiologist & well being economist, laid out the details and included some charts.

Vance claimed that Kamala Harris’s insurance policies as vice chairman had pushed “extra manufacturing abroad” and stated that “if we really care about getting cleaner air and cleaner water, the very best factor to do is to double down and spend money on American staff and the American individuals. And sadly, Kamala Harris has performed precisely the other.” Bonkers. These claims are completely bonkers.

As you may see within the chart above, manufacturing spending within the US stagnated beneath Donald Trump, and even declined previous to the COVID pandemic. Biden and Harris took workplace, and with Democrats controlling the Home of Representatives and the Senate for a brief time frame, they handed the large Inflation Discount Act (IRA) and Bipartisan Infrastructure Legislation. (Republicans now management the Home and Democrats, thus, can’t do something.) The Inflation Discount Act is the best stimulus for manufacturing since Roosevelt and the best laws for re-shoring US manufacturing jobs within the historical past of the nation. So, although we’re at the start levels of it, the IRA has stimulated an enormous quantity of producing spending — hovering far above what occurred beneath Trump and even making the inexperienced stimulus packages initiated beneath Obama look minor.

There isn’t any larger or higher US manufacturing presidency, and but Vance in some way thought that will be an attacking level. Maybe it’s the continuous movement of misinformation circulating across the Trump–Vance camp in charge, or maybe it’s pure gaslighting.

Anyway, Eric Feigl-Ding got here to play. He had a number of extra charts and graphs to share. Let’s undergo them.

JD Vance additionally shared a lie about the place the US was getting its photo voltaic panels, and Eric Feigl-Ding corrected the document.

He additionally returned to claims concerning manufacturing jobs created beneath Trump and Biden.

There was additionally a response concerning faux Reasonably priced Care Act (aka Obamacare) statements that Eric felt compelled to reply to. However that’s not our matter space.

Right here’s one other chart displaying the hovering funding in US manufacturing beneath Biden.

I discover it disappointing that extra individuals don’t understand how a lot Biden and Harris have been bringing good jobs again to the US.

To shut, there’s that final tweet above. As he’s performed prior to now, if elected, Trump will explode the nationwide debt.

In brief, Biden–Harris have been higher for manufacturing funding and jobs, higher for the economic system, and higher for nationwide debt than Tump. And far of that’s due to what they’ve been been targeted on — getting extra clear power, getting batteries to retailer it, and so on.


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