Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
All that’s left is for President-elect Donald Trump to put his name on it — if he wants. Trump won the White House in large part because of voters’ frustration with high prices and a sense that the United States needs major changes.
Summary
Trump will inherit a strong economy and numerous infrastructure projects initiated under President Biden, including high-profile ventures like the TSMC chip plant and Hyundai EV factory.
Though Trump criticized Biden’s policies on the campaign trail, analysts expect he may continue these projects and take credit for their benefits.
While Trump has proposed rescinding certain Biden-era funds, political and economic factors could lead him to maintain EV incentives, especially given Elon Musk’s endorsement.
Economists note challenges remain, including high government debt and voter frustration over inflation.
But will he accidentally lean on the Oval Office gas and grocery price levers like Biden keeps doing?
Even more so than Biden, he's got a gut and constantly leans forward.