When he was campaigning for a second term, Donald Trump made many job promises. He said his policies would create millions of new and high-paying jobs - and he said those jobs would go to American citizens. It has not happened.
The creation of new jobs in theist few months has been close to zero, and the few jobs created have not been high-paying manufacturing jobs. In fact, there are fewer manufacturing jobs now than when he took office.
In addition, the unemployment rate for U.S. born workers has risen. He had promised that his deportation plans would create new jobs for Americans. It has NOT!
What went wrong? It is the policies he has enacted. Those policies have depressed job creation instead of enhancing it. Two of the worst policies have been his tariffs and his immigration policy.
The tariffs have increased the cost of doing business, and that has caused businesses to cut back on hiring because they don't know what the economy is going to do. As prices rise, many Americans have cut back on spending.
Trump said he would be deporting criminal elements in the undocumented population. No one disagreed with that, but that's not what happened. Most of the people his ICE goons are capturing to deport are honest, hardworking people who fill jobs most Americans don't want. These immigrants pay taxes (local, state, and federal) and their spending helps to boost the economy. It turns out that deporting them has actually hurt the economy.
It's easy to boast about creating new good jobs, but it requires sensible economic policies. Trump has shown he really doesn't understand economics - and the policies he has pursued have actually have the opposite effect on job creation.
NOTE - The charts above are from the website of economist Paul Krugman.
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