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Biden’s disservice to union workers

Joe Biden’s cribbed Green New Deal agenda from Bernie Sanders’ and Alexandria Ocasio-Cortez would place over 10.3 MILLION jobs on the chopping block.

Biden is onboard for a “radical decarbonization” of our economy, a ban on fracking, and the elimination of oil, gas, and coal from the power grid.

And union workers would bear the brunt of Biden’s agenda.

The North America’s Building Trades Unions recently released a study that should be a warning to the Biden campaign: “oil and gas jobs are better paying and more reliable than jobs in renewable energy.”

The NABTU study notes, “The career opportunities for renewables are nowhere near what they are in gas and oil, and domestic energy workers highly value the safety, reliable duration and compensation of oil and gas construction jobs.”

You’d think Joe Biden would care about the job losses, yet he is willing to sacrifice hundreds of thousands of blue-collar jobs for Green New Deal policies.

And it’s not just job loss that Biden’s agenda would bring. Biden has pledged to raise taxes, and has said the “first thing” he would do is eliminate President Trump’s tax cuts.

When asked about the average worker receiving a $1,260 tax cut under President Trump, he called that “negligible.” Maybe that’s “negligible” to Joe Biden, but for the average worker that means less money in their pocket.

According to the Tax Foundation, Joe Biden’s tax plan alone would reduce wages, cut GDP growth, and destroy 585,000 jobs.

And while Joe Biden is slashing jobs and raising taxes, his record shows his trade policy would be a disaster for workers.

Biden supported the job-killing NAFTA trade agreement, while President Trump’s USMCA agreement is projected to create 76,000 auto and manufacturing jobs. And while Chinese unfair trade practices were ransacking U.S. industries under the Obama-Biden administration, Biden called a rising China a “positive development” for the U.S.

What’s worse, Biden is still soft on China. He continually insists “China’s not our problem” and claims “we should be helping” China.

Bottom Line: While President Trump delivers results and workers know they have a champion in The White House, a Biden presidency would be bad for America’s workers.

Steve Guest
Rapid Response Director
Republican National Committee

June jobs report SHATTERS expectations

America added 4.8 million jobs in June—the largest monthly increase ever recorded, according to today’s report from the Bureau of Labor Statistics.

With 7.5 million jobs added over the past two months, America’s economic comeback from the Coronavirus is taking off well ahead of schedule.

🎬 President Trump: Today’s report is “spectacular news” for America

“There’s not been anything like this—record-setting,” President Trump said at a press briefing this morning. “We’ve implemented an aggressive strategy to vanquish and kill the virus, and protect Americans at the highest risk, while allowing those at lower risk to return safely to work. That’s what’s happening.”

After May and June ranked as the two largest monthly jobs gains in history, an estimated one-third of all job losses from March and April have now been recovered.

“Our work won’t be done until every single American who lost their job because of COVID gets back to work,” Treasury Secretary Steven Mnuchin said today.

June’s job gains were spread broadly across American industries, with the hard-hit leisure and hospitality sector seeing the biggest turnaround:

  • 2.1 million leisure & hospitality jobs
  • 740,000 retail jobs
  • 568,000 education & healthcare jobs
  • 357,000 service jobs
  • 356,000 manufacturing jobs

The Great American Comeback is reducing unemployment for a number of historically marginalized groups, too. African-American workers saw historic gains with more than 400,000 jobs added last month. Hispanic-American employment is up by 1.5 million, and the unemployment rate for women fell even quicker than the rate for men.

On top of that, “workers with a high school education or less made the biggest strides of all,” President Trump said.

There is more work to do in the months ahead as we rebuild the strongest economy on Earth together. The incredible, expectations-busting jobs reports in May and June, however, should give every American hope that we’re heading toward a bright future.

🎬 President Trump: Stock market is soaring with best gains in 20 years

READA Record 4.8 Million Jobs Created in June

From the White House Daily

The Trump Economy Benefits Historically-Disadvantaged Americans

February 20, 2020 / Read the original at: White House Articles

  The U.S. labor market is the strongest it has been in the last half century, as President Trump’s pro-growth economic policies continue boosting labor demand and lowering structural barriers to entering the labor market. Economic data presented in the 2020 Economic Report of the President, which was released today, show that recent labor market gains disproportionately benefit Americans who were previously left behind.

Since the 2016 election, the economy has added 7 million jobs, far exceeding the 2.0 million predicted by the Congressional Budget Office in its final pre-2016 election forecast. Under the Trump Administration, and for the first time on record, there are more job openings than unemployed people. In 2019, the U.S. unemployment rate has reached 3.5 percent, the lowest rate in five decades. Falling unemployment reduced the share of the population on unemployment insurance to the lowest level since recording began in 1967. Importantly, the African American unemployment rate has hit the lowest level on record, and series lows have also been matched or achieved for Asian Americans, Hispanic Americans, American Indians or Alaskan Natives, veterans, those without a high school degree, and persons with disabilities, among others.


Record-low unemployment rates are being set even as people are coming off the labor market’s sidelines. At the end of 2019, nearly three-quarters of people entering employment came from out of the labor force—the highest rate on record. And the prime-age labor force is growing under President Trump (+2.2 million), reversing losses under the prior administration’s expansion period (-1.5 million).

The Trump Administration’s policies are not only leading to more jobs but also to higher pay. While nominal wage growth for all private-sector workers has been at or above 3 percent for a year and a half, wage growth for many historically-disadvantaged groups is now higher than wage growth for more historically-advantaged groups—reversing trends observed over the Obama Administration’s expansion period, as shown in the figure below.

The benefits of a strong labor market are widespread. Net worth held by the bottom 50 percent of households has increased by 47 percent under President Trump—more than three times the rate of increase for the top 1 percent of households. To put these gains into perspective, the growth in wealth for the bottom half of households under the Trump Administration is roughly three times the Federal spending on Supplemental Nutrition Assistance Program (SNAP or food stamps) from 2017 through 2019.

Additionally, by promoting economic freedom, major deregulatory actions under the Trump Administration will further increase household incomes and lower inequality. Because of regulatory reform, the average American family will save $3,100 a year once recent reforms are fully in effect.

Rather than overregulating, the Trump Administration supports private-sector innovation and investment in the energy sector, which leads to tangible benefits for all Americans. For example, gains in shale drilling productivity have led to lower prices for natural gas, gasoline, electricity, and oil—saving the average American family of four $2,500 a year. Notably, shale-driven savings represent a much larger percentage of income for the poorest fifth of households (6.8 percent) than for the richest fifth (1.3 percent). This is the case with most instances of deregulation. For example, savings from deregulation of prescription drugs and internet access as a share of household income are eight times greater for the bottom fifth of households than for the top fifth.

A booming job market and more money in Americans’ pockets continue pulling people out of poverty and off means-tested welfare programs. Over the first two years of the Trump Administration, the number of people living in poverty decreased by about 2.5 million—including nearly 1 million children of single mothers—and the poverty rates for African Americans and Hispanic Americans are at record lows. Food insecurity has fallen, and there are nearly 7 million fewer people participating in SNAP than there were at the time of the 2016 election. The caseload for TANF has fallen by more than 900,000 individuals, and the number of individuals on Social Security Disability Insurance has fallen by almost 400,000 since the 2016 election. Similarly, Medicaid & CHIP enrollment reported by States is down by 3 million.

There are still barriers that prevent lower-income workers from realizing the full benefits of the strong labor market. The Trump Administration is reducing these barriers to both labor demand and supply by incentivizing private investment in disadvantaged areas through Opportunity Zones, making housing more affordable, and combatting the opioid crisis. Successful reforms in these areas will grow the economy by ensuring that all American households can benefit from strong, sustained economic growth.

Contrary to the discredited narrative that the Trump economy only benefits the rich, economic evidence confirms that the President’s policies allow historically-disadvantaged Americans to lift up themselves and their families. In other words, today’s economy is proof that pro-growth policies are the best way to deliver inclusive growth to Americans of all backgrounds.