Bringing back factory jobs is one of the most popular of White House promises — regardless of who happens to be the president.
Donald Trump said he’d do it with tariffs. Barack Obama said companies would start “insourcing.” George W. Bush said tax cuts would do the trick. But factory jobs seemed to struggle to fully return after each recession.
On Wednesday, President Joe Biden will make the case in a New Mexico speech that his policies of financial and tax incentives have revived U.S. manufacturing. His claim is supported by a rise in construction spending on new factories. But factory hiring has begun to slow in recent months, a sign that the promised boom has yet to fully materialize.
