Connect with us

Hi, what are you looking for?

Economy

Vance repeats a bogus Trump claim on ‘factories’ debunked years ago

“If you go back to the Trump presidency, we had 12,000 factories that were built during Donald Trump’s presidency.”

— Republican vice-presidential nominee JD Vance, in remarks on NBC’s “Meet the Press,” Aug. 25

Vance, in defending former president Donald Trump’s proposal for across-the-board tariffs, argued that Trump managed to bring back manufacturing jobs from overseas when he was president. He then cited as evidence a statistic that immediately gave us PTSD.

“12,000 factories” — we’d fact-checked this falsehood during the Trump administration. Trump said it 15 times during his presidency, according to our database of false and misleading claims, including in the 2020 State of the Union address. He began making this claim after reports that, before the covid pandemic, the manufacturing sector was entering a recession.

But this is an especially bogus figure.

The Facts

“Factories” conjures up images of smokestacks and production lines, but the dataset cited by Trump — and now Vance — is not really about factories. Trump is citing a Bureau of Labor Statistics database set known as the Quarterly Census of Employment and Wages, which counts the number of “establishments in private manufacturing.”

But more than 80 percent of these “manufacturing establishments” employ five or fewer people. If those sound like pretty small factories, that’s because many are not “factories.” The BLS considers any establishment “engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products.” So that also means establishments “that transform materials or substances into new products by hand or in the worker’s home and those engaged in selling to the general public products made on the same premises from which they are sold, such as bakeries, candy stores, and custom tailors.”

It’s also strange that Vance would rely on an outdated Trump statistic. As we mentioned, Trump included this in the 2020 State of the Union address, and it represented the period from the first quarter of 2017 to the third quarter of 2019.

For all of Trump’s presidency, the figure would be nearly 18,000 additional “manufacturing establishments.” But here’s the rub: Through the first quarter of this year, President Joe Biden could claim a gain of nearly 39,000 during his tenure.

A Vance spokesman did not respond to a request for comment.

The Pinocchio Test

It says something about the quality of Trump campaign research that Vance would need to reach back to an outdated claim debunked four years ago. These aren’t really factories — and Trump’s record on this statistic fares poorly compared with Biden’s.

Vance earns Four Pinocchios.

Four Pinocchios

(About our rating scale)

Send us facts to check by filling out this form.

Sign up for The Fact Checker weekly newsletter.

The Fact Checker is a verified signatory to the International Fact-Checking Network code of principles.

This post appeared first on washingtonpost.com







    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.



    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA prospect – as shown by the...

    Editor's Pick

    IoT Analytics published the Q1/2023 update of their “Global Cellular IoT Module and Chipset Market Tracker & Forecast” – an interactive dashboard and structured...

    Latest News

    Here’s a look at the life of Imelda Marcos, the former first lady of the Philippines. Wife of the late Ferdinand Marcos, who ruled...

    Economy

    This year marks the 78th anniversary of the atomic bombings of Hiroshima and Nagasaki. On August 6th, 1945 “Fat Man” instantly killed 80,000 of...

    Disclaimer: Boostyoursavings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Boostyoursavings.com