Spin,
In addition to the remarks already made, I will add that the Minnesota largest electric utility announced the closing of its last two coal powered plants. In favor of wind solar and natural gas.
I wonder also if you read your posted links?
first was quite dated and no longer on point..
the others pointed out that the trump remarks were not true.. us steel is not opening all those new plants..
the other steel company, which trump claimed was spending a billion on a new plant is rather reopening 3 old plants and spending hundreds of millions on each to again make such as re bar and related materials..
the latimes is a very good read if you want a little truth to your dreams..
As for the eight new plants, U.S. Steel is not opening them, according to company announcements. Rather, U.S. Steel said this year that it is restarting two blast furnaces at its existing Granite City, Ill., plant and would spend $750 million to revitalize its existing Gary, Ind., plant.
And Nucor has not announced a new, $1-billion plant. The company said in September that it would spend $650 million to expand production at its plant in Ghent, Ky. The company also said in March that it was spending $240 million to build a rebar plant in Frostproof, Fla. And Nucor is spending $250 million to build a rebar plant in Sedalia, Mo., an investment announced in November 2017.
for consideration of space, I will not post more of the LA times story.. but all should give it a read and get some truth to the economy situation.
I would however like to include once more the actual President Obama remarks about the return of manufacturing jobs..
“The Trump tax cuts have had an impact on manufacturing … and offset some of the impact of the tariffs,” said Hill, who noted manufacturers are big users of steel and aluminum, among other products made more expensive by the tariffs.
As for the Obama administration comment, Trump appears to be referring to a June 2016 town hall forum in Elkhart, Ind., during which President Obama discussed how technological change has both added and eliminated jobs.
Obama said that “there are entire new industries that are starting to pop up and you're actually seeing some manufacturers coming back to the United States.” He went on to say that because of changing technology, “some of those jobs of the past are just not going to come back.”