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Domestic Result of U.S Trade Policy and notice the recent op-ed from Big Al

Big Al
August 17, 2018

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For Immediate Release
August 17, 2018
Click here to view online

Press Release: Tariff Job Gains Exceed Losses by 20:1

11,100 Job Gains Vs. 514 Job Losses So Far

Washington. Earlier this week, the Coalition for a Prosperous America (CPA) published details of its new ‘Tariff Job Creation Tracker’ that tallied US manufacturing jobs gained in the wake of recent tariff actions. CPA found 11,100 jobs announced or planned in four major sectors affected by tariffs. These results have now prompted a corresponding study of job losses related to the tariffs. To date, CPA has identified only 514 jobs lost specifically due to tariffs—which means that job gains exceed job losses by a 20:1 ratio.

CPA Chair Dan DiMicco said, “We keep hearing stories abut the sky falling because of President Trump’s strong hand in enforcing existing US trade laws. But the past six months have shown impressive job creation in skilled, high-wage sectors against only very negligible, accompanying job losses.”

The jobs gained and lost were tracked by CPA’s research team, led by economist Jeff Ferry. All of the jobs tracked refer to changes that have either happened or been publicly announced by the companies involved. Ferry notes that none of the numbers are estimated; they all come from the companies cited.

Said Ferry, “Six months after the first of these tariffs came into effect, we’ve seen commitments to create over 11,000 new jobs and only some 500 job reductions. This shows that tariffs are an effective and powerful way of stimulating growth in domestic manufacturing sectors.”

Michael Stumo, CEO of the CPA, said, “The early returns show strong positive job creation. And there will undoubtedly be greater job growth as more sectors receive attention from the administration.”

Paola Masman
http://www.prosperousamerica.org/

Discussion
13 Comments
    CFS
    Aug 17, 2018 17:16 PM

    Good for you, Big Al.

      Aug 17, 2018 17:17 PM

      About time. Serious illness will do strange things to a person. But, then again, you know that CFS!

    CFS
    Aug 17, 2018 17:51 PM

    I’m glad I only lost 20% of my mind……but it did change my attitude to living life.

    I have never stooped seeking knowledge, questioning, etc. though.
    It is always what you don’t know that is the problem.

      Aug 17, 2018 17:49 PM

      Regarding what you don’t know, you are absolutely correct!

    CFS
    Aug 17, 2018 17:37 PM

    Speaking of what we don’t know, it is time to de-classify the FISA warrants:

    http://podbay.fm/show/589864479/e/1534466869?autostart=1

    CFS
    Aug 17, 2018 17:16 PM

    From Trump’s mouth to your ears:

    https://www.youtube.com/watch?v=ZRX1f9kxwYc

      Aug 17, 2018 17:55 PM

      In retrospect, a very interesting conversation.

    CFS
    Aug 17, 2018 17:37 PM

    Bill Holter on SGTReport

    https://youtu.be/ww2kUqhJZao?t=100

    Aug 17, 2018 17:57 PM

    And, more and more excuses. Notice Mr. Holter has not been here for quite some time.

    Aug 17, 2018 17:03 PM

    Hi friends : The full effect of tarrif wars have yet to be felt. Many tarrif announcements are 30 to 60 days before actual implementation . The unintended effects on currencys are now becoming evident. Turkey S africa, latin american currencys are hurting and may cause more trouble ahead. Dont count your chickens they hatch. best of health and wealth to you all S

    Aug 17, 2018 17:19 PM

    And how’s that workin for ya? Eh?!
    ( count the chickens.. )

    CFS
    Aug 17, 2018 17:06 PM
    CFS
    Aug 17, 2018 17:28 PM

    The truth is tricking out…..

    https://www.youtube.com/watch?v=S5HDDoxrGZ0