Under Trump’s Leadership, American Jobs Sent Overseas Hits Five-Year Record High
Donald Trump promised that he would bring jobs back to the United States. Instead, the very corporations he’s giving a massive tax cut to are sending jobs overseas at an even faster rate than when Barack Obama was president.
Good Jobs Nation analyzed data from the Department of Labor and discovered that since Trump was elected, Americans lost 93,000 jobs to foreign countries. Over the previous five years, the average loss was 87,000.
Right after his election, Trump touted a “deal he made with Carrier Corporation to keep jobs in America, threatening that “Companies are not going to leave the United States anymore without consequences.” But it turned out that Trump and Mike Pence put together a $7 million bribe to Carrier. And Carrier sent jobs overseas anyway. All those “consequences” Trump bragged about? They never happened.
And that makes the tax plan an even bigger problem. Trump promises that the tax bill will strengthen the middle class, but according to the Economic Policy Institute, the bill will hurt middle-class families while benefiting giant corporations:
This Robin Hood-in-reverse plan would be a disaster for most working families, and is nothing more than a payoff to the Trump family and the wealthy individuals and big business that helped put him in office.”
The Republicans claim that all this money will create more jobs. That might be true, but they won’t be jobs for Americans.