Bidenomics created a manufacturing boom. Trump is tearing that up by the roots.
Summary
Trump's erratic tariff policies threaten American manufacturing's recent renaissance.
Under Biden, manufacturing investment increased 220% from 2021-2024 through programs like the Inflation Reduction Act and CHIPS Act, creating 750,000 manufacturing jobs.
Trump has illegally frozen IRA spending despite court orders and called the CHIPS Act "horrible," advocating for its repeal.
Princeton professor Jesse Jenkins estimates Trump's actions could lead to massive cancellations in EV and battery production.
Unlike Biden's targeted tariffs paired with domestic investments, Trump imposes duties randomly without clear goals, creating economic uncertainty that discourages investment while risking recession.
I work in manufacturing, supporting a company based in the USA that's currently expanding as a direct result of the CHIPS act.
I wrote both of my state senators and my representative to voice my concerns over this and other things, asking why they haven't taken action against the unconstitutional shit going on, or why they support those actions (Mike Lee is a traitorous bitch).
I fully expect to get [standard form response] from all of them, expressing their gratitude (lol) for writing in, proceeded by fellating Trump and Musk. If that's the case, I plan on refuting and asking directly why they aren't answering my questions. I won't stop at this point. My nice switch is off.
No chance. The capitalists will buy everything up on the cheap, then buy the parts of the government that become privatized (or just have them granted to them because they're rich, and therefore smart and good). They will become uber oligarchs.
Perhaps if you mean destroy capitalism to go back to feudalism.
Putin has set out to destroy America and he's using Donald Trump to do it. He convinced Trump to use tariffs instead of income tax. Tariffs cannot support an empire, so it's just a matter of time before Putin is the only Strong Man leader.