Welt Hok
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Welt Hok
No Result
View All Result
Home Investing

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

by
August 29, 2024
in Investing
0
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It’s also strange that Vance would rely on an outdated Trump statistic.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
Previous Post

Did Trump’s campaign break the law at Arlington National Cemetery?

Next Post

Ripple and Tron: Ripple is losing its bullish momentum

Next Post
Ripple and Tron: Ripple is losing its bullish momentum

Ripple and Tron: Ripple is losing its bullish momentum

  • Trending
  • Comments
  • Latest
Trade Surplus: Key Insights and Impacts on Currency

Trade Surplus: Key Insights and Impacts on Currency

August 30, 2024
Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

January 3, 2025
House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

January 9, 2025
Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

January 5, 2025
Cracker Barrel assures customers its values remain the same amid logo uproar

Cracker Barrel assures customers its values remain the same amid logo uproar

0
Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

0
Biden nearly died of an aneurysm. Risky surgery changed his life.

Biden nearly died of an aneurysm. Risky surgery changed his life.

0
Stellar and Bitcoin Cash: Stellar still in a bearish trend

Stellar and Bitcoin Cash: Stellar still in a bearish trend

0
Cracker Barrel assures customers its values remain the same amid logo uproar

Cracker Barrel assures customers its values remain the same amid logo uproar

August 26, 2025
Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

August 26, 2025
U.S. could take stakes in more firms, White House adviser says

U.S. could take stakes in more firms, White House adviser says

August 26, 2025
Trump opens door to 600,000 Chinese students amid Beijing trade talks

Trump opens door to 600,000 Chinese students amid Beijing trade talks

August 26, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • Trending
    • Comments
    • Latest
    Trade Surplus: Key Insights and Impacts on Currency

    Trade Surplus: Key Insights and Impacts on Currency

    August 30, 2024
    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    January 3, 2025
    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    January 9, 2025
    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    January 5, 2025
    Cracker Barrel assures customers its values remain the same amid logo uproar

    Cracker Barrel assures customers its values remain the same amid logo uproar

    0
    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    0
    Biden nearly died of an aneurysm. Risky surgery changed his life.

    Biden nearly died of an aneurysm. Risky surgery changed his life.

    0
    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    0
    Cracker Barrel assures customers its values remain the same amid logo uproar

    Cracker Barrel assures customers its values remain the same amid logo uproar

    August 26, 2025
    Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

    Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

    August 26, 2025
    U.S. could take stakes in more firms, White House adviser says

    U.S. could take stakes in more firms, White House adviser says

    August 26, 2025
    Trump opens door to 600,000 Chinese students amid Beijing trade talks

    Trump opens door to 600,000 Chinese students amid Beijing trade talks

    August 26, 2025

    Top News

    Cracker Barrel assures customers its values remain the same amid logo uproar

    Cracker Barrel assures customers its values remain the same amid logo uproar

    August 26, 2025
    Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

    Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

    August 26, 2025

    Latest News

    • Cracker Barrel assures customers its values remain the same amid logo uproar
    • Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland
    • U.S. could take stakes in more firms, White House adviser says

    About Welthok

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 welthok.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 welthok.com | All Rights Reserved