Bad news just keeps coming.
All the more reason to invest in America.
Take Biden’s $1 trillion “infrastructure” package and give it as loans to manufacturers to build factories and make stuff here in the USA.
Take Biden’s $1 trillion “infrastructure” package and give it as loans to manufacturers to build factories and make stuff here in the USA.
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It mostly a GOP package and its $1.2 trillion, which adds $250 billion to the debt; the other package is the $5.5 trillion Democrat infrastructure package (commonly and erroneously referred to as $3.5 trillion) of which only billions are earmarked for infrastructure as most think of that. That Dem package includes 31 brand spanking new taxes, and no way to pay for the thing.
If you imagine that the US can build factories like the Chinese ones, well we can ... but we would need, on average, 100,000-200,000 employees each. Name a city that has that many spare workers - ones looking for work, will actually show up, arrive on time, and stick around more than a week or month.