by Pat Rice in Short Shorts » Thu May 08, 2025 4:49 pm
Pay attention perhaps? The plan is to manufacture steel, aluminum, cars, AI chips, basic chips, here. Deregulate and provide cheap energy and a tariff free environment. Use N American resources. That brings middle class jobs back and starts to turn us away from consumers to producers. It is making a business friendly environment and stand back while business does their thing. Not government. Not government to the point that tech companies have the green light to build their own power stations to make manufacturing even cheaper for them and not depend on the grid.
Yes, he and Bessent have trotted out a dozen chip and other industry leaders from all over the globe. Apple, Honda, Toyota, VW even and others have started building or have committed. $9 trillion so far.
Here is how it works in practice. (basic stuff dude) Honda builds in Kentucky or Ohio. That employs building companies that utilize other suppliers creating more jobs . Honda hires their work force who now have money to spend locally in shops, buy cars and trucks etc., That creates more jobs. Then Honda has a whole network of US based suppliers for their equipment, metals, electronics...more companies thrive as we are seeing already.
I am retired. My kids are either business owners or executives at other companies. My son in law is CEO of American operations for a laser manufacturer. That gives me some insight into how tariffs and deregulation is being handled. My daughter who is an executive at a biotech firm is currently super busy converting their German operations back to the US (tariffs but mostly the regulatory jungle dealing with EU and German regulations and poor work ethic. My son in laws firm is also international but have far more sales opportunities in the US now so are buying out smaller companies around the US to expand quickly.
In short there are bumps in terms of finding US manufactures for inputs but companies are seeing great opportunity and moving fast be the leader in their fields.
You have it back-asswords . Manufacturing jobs are obviously not minimum wage jobs. A service/consumer based economy as we and the UK have now is both vulnerable and unsustainable.
What I see with this Trump hate to the point that people want him to fail, want the country to fail because they have egos wrapped up in politics. We saw the same with Obama from the right. ODS and TDS, neither are positive outlooks.
Did you not understand what Trump was saying about all the dolls? Watch it all.
Big Balls rocks.