Tariffs: Saving American Jobs Since...Wait, What?

[Hobbes]

So are you going to educate us on how skyrocketing soybean sales pumped up the manufacturing hiring data?

Meh, no.

 

[Shadowrider]

Meh, no.

 

[Hobbes]

Hey Hobbes. This just in! From the New York Times no less!

Emphasis mine:

I will say that in the 2nd quarter element electronics and caselabs was probably still hiring, until the tsriffs.

 

[Shadowrider]

I will say that in the 2nd quarter element electronics and caselabs was probably still hiring, until the tsriffs.

Element electronics was "expected to eventually have" 500 employees. Caselab didn't even have 25. Jeesh...

 

[Hobbes]

Element electronics was "expected to eventually have" 500 employees. Caselab didn't even have 25. Jeesh...

Well, they are going to zero now aren't they?

 

[Hobbes]

Do you know why?

ok ok...

The chicoms knew a trade war was coming and they bought up a crapload of soybeans before the tariffs kicked in.
Dragged several quarters of purchases forward into the 2nd quarter.

 

[Dave70968]

Soy beans aren't manufactured, they're farmed. Try again.

Do you know why?

Because soybean ore deposits are so deeply buried that it's cheaper just to grow new ones.

 

[Shadowrider]

 

[Hobbes]

View attachment 122601

They prolly didn't do that with anything else.
Soybeans is it.
GTG

 

[Shadowrider]

They prolly didn't do that with anything else.
GTG

Well that still has no bearing (that I can tell) on US manufacturing jobs increasing by 37,000 like the NYT article I posted stated.