Manufacturing jobs will come back if we impose tariffs on foreign goods, if we lower the corporate tax break, if we don’t penalize companies for repatriating money they keep overseas.
Besides, everyone is suffering in Obama’s economy. People with STEM degrees are getting fired. Why? Because companies would rather hire an H1B that’s willing to work for less and can’t work anywhere else than an American.
The New Deal was a huge failure:
“We have tried spending money. We are spending more than we have ever spent before and it does not work.”
“I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot!”
Henry Morgenthau Jr. — close friend, lunch companion, loyal secretary of the Treasury to President Franklin D. Roosevelt — and key architect of FDR’s New Deal.