Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
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.
https://apnews.com/article/biden-trump-infrastructure-chips-inflation-economy-evs-c8bcb1eb5cdff1ce97f40416e6d88af3Open linkView original on lemmy.world135
Comments6
Yes, but people not paying attention won't and thus will assume that Trump finally did something good for manufacturing.
Meanwhile all we got was that bungled foxconn grift in Wisconsin with trump.
Like most things, The Dollop (episode 456) did an episode on Scott Walker that was in charge of making this "deal".
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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.