Under Donald Trump, the economy saw incredible success: adding 6.7 million jobs and the lowest unemployment rate in half a century.
Perhaps these were some of the greatest achievements of the Trump administration.
But, the success is quickly slipping through the cracks.
In his first two weeks of office, Joe Biden signed a slew of executive orders in efforts to erase Trump’s legacy. In doing so, he also killed thousands of jobs.
What’s more, he did so during a global pandemic.
In one of the many executive orders he signed, Joe Biden cancelled the permit for the Keystone XL Pipeline. TC Energy Corp., the Canadian company that owns the pipeline, estimates that 1,000 people will be immediately out of work following the order, as those jobs had already been filled. The company also estimated that 10,400 jobs would be created throughout the entirety of the pipeline’s construction.
So, in total, Joe Biden killed 11,400 jobs.
In other efforts to save the world, Joe Biden placed a halt on drilling of federal lands. An analysis by the Louisiana Mid-Continent Oil and Gas Association and American Petroleum Institute says an extended drilling ban for federal lands and waters would impact the Gulf Coast hardest, estimating 48,000 job losses in Louisiana alone by 2022. Nationwide, an institute analysis estimates such a ban would cost nearly 1 million American jobs by 2022 and put $9 billion in government revenue at risk.
But the job slaughter doesn’t end there.
Biden also rejoined the Paris Climate Agreement. What does that mean?
More jobs gone.
To be specific, according to a 2017 study released by an economic research firm on behalf of the U.S. Chamber of Commerce and the American Council for Capital Formation, 6.5 million of them.
“The cost of the Paris Climate Accord to the American economy is steep,” Wayne Christian said, referencing the study. “The agreement will cost American workers 6.5 million jobs and $3 trillion in economic growth by 2040.”
Why would this be?
More restrictions on fossil fuel emissions lead to high cost of production. Thus, higher cost of production leads to the closure of uncompetitive manufacturing businesses, which ultimately means fewer jobs.
Furthermore, Biden placed a halt on construction of Trump’s border wall. All crews along the border of the U.S. and Mexico were notified last Monday to stop all border wall projects by the end of last Tuesday, but it is unclear how the Biden administration plans to pay out the workers who have now been left jobless.
According to the Bureau of Labor Statistics, the unemployment rate in the United States as of December 2020 was 6.7 percent.
But, with Biden in office, this number will likely rise even higher.
The post BIDEN V. JOBS: How Many Jobs Has the New Administration Slashed? appeared first on Human Events.
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The clown show has done exactly what they set out to do when committing election fraud to take over our country. They are destroying jobs, lives, freedom, our safety and all for their love of satan and his short lived promise of money and power. Sure glad I won’t have to answer for these crimes on judgement day.
By then let’s hope that it is not a socialist interviewer….lol
AND what’s worse, is their sycophants in the media, seem to be PRAISING THEM for doing so.
Don’t worry, the Americans that lost their jobs, can live in China, making “solar panels”. John Kerry can fly to China, in his private jet and supervise the Americans building solar panels. The wages in China, building solar panels, will be high paying jobs, just like the ones the American’s lost in America, right John Global Warming Kerry?
Joe’s idea of equity and equal outcomes is to attack the jobs and successful industries of any and all red states that voted against him so when we all end up in poverty and tent cities, and then we will get an equal outcome. Frankly, I think we should have elected the equality guy. Socialist equal distribution of the failure, insanity, and poverty is below our American beliefs. But Joe is not controlled by real Americans, but by rich high tech Billionaire guys with Chinese connections who will Make America Equally confused and diminished for the first time.
I wouldn’t be shocked, to see them IMPORT Chinese to do the jobs, they’ve FIRED american workers from..
THEN try to tell us its “For our own good”
As always, we receive the governance we choose.
EX_CB_HD
You may want to define “we”.
Thing is, its NOT JUST THOSE who voted for biden (OR helped him steal) that will suffer.. IT IS ALL OF US.
Most of those who actually voted dem ticket don’t work anyway so they are losing nothing.
I’d love to actually SEE the PROPER numbers on how many “UNEMPLOYED/WELFARE leeches are DEM voters, vs how many (IF any) are conservative voters..