stats, graphs, & data, oh my!
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Sean Casten

Hey, friend. Earlier this week I spoke to Bloomberg about economic growth, investing in clean energy, and why Donald Trump should never, ever be trusted on the economy (or anything, for that matter).

I’ve laid out some cold, hard facts to illustrate my points. But I must warn you, it’s about to get wonky in here. If you’d prefer to skip the serious stuff, I get it – just consider chipping in $25 before you click out of this email.

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Let’s dive in, folks.

The fundamentals of our economy are strong, and our post-COVID economic recovery has been among the best in the developed world.

Since President Biden took office, we passed the Infrastructure Investment and Jobs Act, the Inflation Reduction Act, and the CHIPS Act, which made historic investments in infrastructure, doubled investment in domestic manufacturing, funded research and development, and strengthened our clean energy sector.

Under Trump, unemployment spiked to 14.8% — dwarfing the unemployment rate during the Great Recession.

Under the Biden-Harris admin, new job creation is breaking records, while unemployment has plummeted to 20-year lows.

unemployment since 2004

Source: Bureau of Labor Statistics

Back in his 2016 heyday, Trump spewed a lot of hot air about being a “builder” and how he’d bring every overseas manufacturing job back to the USA. So, did he?

Well, folks, this may surprise you, but Trump did not build lots of new factories, plants, and facilities, nor did he bring high-paying job opportunities to communities across the nation.

However, Biden-Harris did!

Thanks to the passage of IIJA, CHIPS Act, and IRA, manufacturing construction has TRIPLED under this administration.

total construction spending: manufacturing (Via Federal Reserve Bank of St. Louis)

Source: Federal Reserve Bank of St. Louis

Thanks for sticking around til the end – I hope you found this informative, enlightening, interesting! If you can, pitch in $25 to help flip the House and continue building a sustainable, dynamic, and resilient economy for the future.

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— Sean Casten