April 2nd, 2025 will forever be remembered as the day American industry was reborn. >> President Trump really had two top goals in sort of upending decades of global trade policy. He wanted to bring back manufacturing jobs and he wanted to bring a lot of foreign investment into the US.On those two key measures, we have not seen improvement over the last year. Manufacturing job losses actually accelerated in 2025 and foreign direct investment was lower for all the fireworks over the past year. Our tariffs ar ...

♪♪ ♪♪ >>> TONIGHT, THE STUNNING CLASH BETWEEN PRESIDENT TRUMP AND THE SUPREME COURT. A MAJORITY OF JUSTICES STRIKING DOWN HIS SWEEPING TARIFFS. THE PRESIDENT SLAMMING THE COURT IN A FIERY NEWS CONFERENCE, EVEN SUGGESTING SOME JUSTICES ARE SWAYED BY FOREIGN INTERESTS.THEN VOWING A WORKAROUND TO IMPOSE A 10% TARIFF ON ALL COUNTRIES. WILL THAT HOLD UP IN THE COURT. PLUS THE COMPANIES NOW DEMANDING REFUNDS.AND WHAT ABOUT THE PRICES WE PAY. >>> ALSO TONIGHT, MILLIONS BRACING FOR A POWERFUL NOR'EASTER SET TO POUN ...

Economic Outlook - The current economic situation is not favorable, with expectations that it will worsen in the near future [2] - There is a significant concern regarding the impact of tariffs on inflation, with economists questioning their effectiveness [3][4] Tariffs and Manufacturing Jobs - The anticipated positive effects of tariffs on manufacturing jobs have not materialized, as manufacturing jobs have declined over the past year [9] - The overall trade deficit remains a concern, particularly in the context of a service-oriented economy where goods constitute less than 10% of GDP [10] Impact on Different Income Groups - Tariffs are viewed as regressive, disproportionately affecting lower-income individuals who spend a larger percentage of their income on goods [11][12] - The increase in jobs in the U.S. has primarily been in the healthcare sector, which is unrelated to tariff policies [12] Institutional Credibility - There is a noted decline in institutional credibility among economic advisors, particularly in the context of the Trump administration, which has affected the respect and trust within the economics profession [15][16] Federal Reserve and Interest Rates - Concerns have been raised about the new Fed chairman's ability to operate independently from political pressures, particularly from Trump [17] - Statements regarding AI's impact on productivity and interest rates have been met with skepticism, as there is uncertainty about the pace at which AI will influence the macro economy [19]

RT Nick Szabo (@NickSzabo4)@charlesmurray That said, such manufacturing jobs at such wages are now gone, and the service jobs pay far less as a proportion of housing costs -- even of entry level houses like these -- than in the 1950s. ...

Manufacturing Growth & Investment - BioPharma manufacturing has increased by 221% since 2016 [1] - All other manufacturing industries only increased by 38% [2] - BioPharma facilities increased from 1,000 in 2017 to 1,500 [2] - Johnson & Johnson committed to $55 billion of investment in the US [2] Tax Policy Impact - Good tax policy translates into bringing manufacturing jobs back to the US [1] - The 2017 Tax Cuts and Jobs Act (TCJA) provided evidence of this [1] Supply Chain & Production - Johnson & Johnson aims to supply all medicines to US citizens from US facilities by the end of the decade [2] - Building BioPharma manufacturing facilities takes time [2][3] - High-quality and reliable products are essential for patients [3] Government Engagement - The administration is listening and understanding the business [3] - There is an understanding that building these facilities takes time [3]