I'd really like to see a coherent strategy from somebody on rebuilding American manufacturing.

Bad ideas:

* Tax cuts for the rich will make it happen.[1]

* More tax cuts.[2]

* High tariffs with no plan.[3]

Semi-reasonable ideas:

* Clairmont study.[4]

* McKinsey study (2017).[5] Hasn't held up well.

Manufacturing is low-margin and requires stable markets. How to promote that? There are a lot of dull and boring businesses someone has to do.

Maybe tax policy should be set up to favor dividends over growth. That favors steadily profitable companies over growth companies.

[1] https://waysandmeans.house.gov/2025/01/24/the-golden-age-of-...

[2] https://nam.org/timmons-nam-members-meet-with-bessent-congre...

[3] https://x.com/cspan/status/1909639514861322433

[4] https://dc.claremont.org/restoring-american-manufacturing-a-...

[5] https://www.mckinsey.com/featured-insights/americas/making-i...