Not said often enough is that we DONT WANT to make much of this stuff in the US.

People seriously don’t get how remarkable it is that the U.S. is able to get other countries to send them actual usable stuff in return for pieces of paper that the U.S. prints. And how much richer this makes Americans.

I don’t believe the U.S. should be fully free market. Clearly it went too far away from industrialization to the point that the U.S. was reliant on China for critical stuff and has lost the capacity to scale if it needs to. The CHIPS act was the first tiny step towards changing this.

But these actions and the industries targeted needed to be strategic and not random.