Re:America is getting an AI gold rush instead of a factory boom
by baggachipz on Tuesday October 14, 2025 @12:06PM
(#45581715)
Biden was a relatively mediocre president (which I sure miss), but his administration was amazing for America. They laid the foundation for long-term prosperity, which is entirely squandered now. Such a shame.
Here's a graph of actual private investment money going into factories in the US since 1950. It proves my point:
https://fred.stlouisfed.org/series/C307RC1Q027SBEA
I guess the tariffs are serving some other purpose, like forcing foreign governments to bribe him under-the-counter(?) That'd explain his rapid increase in net worth since taking office.