President Biden is Restoring American Manufacturing

     With the American Rescue Plan Act creating the demand necessary to bring unemployment to a 55-year low and the Infrastructure Investment and Jobs Act spurring an increase in demand for the materials needed for America's historic $1.2 trillion infrastructure investment, which will have the snowball effect of making this type of economic activity even easier once the projects are completed, it's clear to see why America is experiencing such a historic economic recovery in nearly every sector, including those that have been languishing and declining for decades. The economy is set to get another boost within the next few weeks, one that will also help combat inflation and secure supply chains, with the U.S. Innovation and Competition Act. It's not just legislation, either: President Biden has taken executive action increasing the threshold for a product to be considered "Made-In-America" from 55 percent to 75 percent and launching a major Made-In-America export initiative at America's EXIM (Export-Import) Bank that will see loans given to bolster manufacturing, among several other things. In the meantime, President Biden is working on executive action to mandate that all products purchased by the federal government be Made-In-America. A third major campaign promise related to American manufacturing was to create one million auto manufacturing jobs: considering some of the projects listed below, especially related to electric vehicles, it appears increasingly likely that this promise will be kept. Here are some highlights of major manufacturing jobs announced since January 2021:

1. Group14 EV Battery Plants, Washington; 1,000 jobs (April 14th, 2021)
2. Samsung Semiconductor Plant, Texas; 2,000 jobs (May 17th, 2021)
3. GlobalFoundries Semiconductor Plant, New York; 1,000 jobs (July 21st, 2021)
4. Ford EV Plant, Kentucky; 5,000 jobs (September 27th, 2021)
5. Texas Instruments Semiconductor Plant, Texas; 3,000 jobs (November 22nd, 2021)
6. Micron Semiconductor Design Center, Georgia; 500 jobs (December 6th, 2021)
7. Toyota EV Battery Plant, North Carolina; 2,000 jobs (December 7th, 2021)
8. Intel Semiconductor Campus, Ohio; 3,000 jobs (January 20th, 2022)
9. GM EV Plant, Michigan; 4,000 jobs (January 25th, 2022)
10. Tritium EV Charging Station Plant, Tennessee; 500 jobs (February 8th, 2022)
11. SK Group Investments, Nationwide; 16,000 jobs (March 16th, 2022)
12. VinFast EV Plant, North Carolina; 7,000 jobs (March 29th, 2022)
13. Envision AESC EV Battery Plant, Kentucky; 2,000 jobs (April 13th, 2022)

     That's 47,000 jobs in at least nine states, and that these major announcements represent just roughly 10 percent of the manufacturing jobs that have been created since January 2021. No president has created so many manufacturing jobs, so many trucking jobs, and or so many other blue-collar jobs in such a short period of time. Nearly half a million of the eight million jobs created in 15 months have been manufacturing jobs, which represents a sizeable boost to America's manufacturing and trucking jobs, which have been slowly bleeding for nearly 30 years thanks to corporate outsourcing. President Biden is reversing this trend and building an economic recovery from the bottom up; President Biden is restoring American manufacturing.