• The Nexus between Jobs and GDP

    President Trump’s New Economy Challenge (Part 3 of 20).   President Trump’s vision of a “dynamic and booming economy” is one that can produce a GDP growth rate of “4% over the next decade”.  President Trump’s Cabinet has many capable business and financial executives who can make his vision a reality.  This reality ultimately depends on mass-producing business, especially small business, creation in order to generate 25 million net new jobs.  Sclerotic (0% to 2%) or recessive (negative) GDP rates depreciate a ...
  • President Trump’s “Bringing Back Jobs and Growth” Vision

    President Trump’s New Economy Challenge (Part 2 of 20).   According the White House website,  “To get the economy back on track, President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth….that starts with pro-growth tax reform to help American workers and businesses keep more of their hard-earned dollars.”  While the business acumen of President Trump and his Cabinet gives Jobenomics a sense of optimism, Jobenomics ...
  • Manufacturing Industry Forecast

    Executive Summary:  US manufacturing is not likely to employ significantly more Americans than it currently employs. Overview:  Manufacturing is a vital component of our economy.  Unfortunately, Americans have unrealistic expectations regarding the role of the manufacture sector in our economic recovery as well as jobs creation.  The American economy is dominated by service-providing industries that employ the 86% of all Americans. Manufacturing (part of the goods-producing sector) employs only 9%.  Correspondingly, American policy-makers and opinion-leaders do disservice to the American ...