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barenakedislam.com
Biden’s Manufactured Jobs Claims
Made popular 386 days ago in
Business
factcheck.org —
Declaring “manufacturing is back,” Vice President Joe Biden gave a rosy — but not entirely accurate or complete — picture of U.S. manufacturing at a March 28 campaign stop in Iowa.
Biden overstated — by 1.1 million — the number of manufacturing jobs lost before President Obama took office. He said the U.S. lost 5.8 million manufacturing jobs “during the 2000s, before we came in.” But that figure includes 2009 — Obama’s first year in office. The U.S. lost 4.7 million such jobs “before we came in.”
Biden also cherry-picked his job figures when he declared the U.S. has added “430,000 new manufacturing jobs just since 2010.” That’s true. But since the start of the Obama administration in January 2009, the U.S. has 661,000 fewer manufacturing jobs — despite the recent job gains.
In fact, manufacturing jobs represent a disproportionate share of job losses since Obama took office. In all, the U.S. has lost a net 864,000 non-farm jobs since January 2009 — a decline of one half of 1 percent. But manufacturing jobs are down 5 percent since then. One recent study found that at the current pace, it will take until 2020 for the U.S. to recover the manufacturing jobs lost since 2007.
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Another lie from Biden or just another of Slow Joe's gaffes?
Outright lie!
49%
Another gaffe from babbling Joe.
51%
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