Today is what President Donald Trump calls "Liberation Day," the day he frees the U.S. economy from the global economy. President Trump claims that his policy of chaotically implemented tariffs will "bring back jobs" and that U.S. manufacturing will boom "like we have never boomed before."
We've been down this road before, and it didn't end well.
In his first term, President Trump claimed that he'd revitalize U.S. manufacturing, but he failed to do so; there's no reason to believe that doubling down on the same, failed policies will do so now. There is a better way — and that comes with real federal investments into the American economy.
This is a preview of Heather Boushey's latest article. Read the full column here.
