"Isn't this what America wants? Rebalancing the economy away from consumption." But we aren't doing that. That promise entailed reinvigorating manufacturing employment at scale. All we have done is raise the cost of domestic consumption and expanded tax cuts. Bizarre take tbh. And based on the illusory Japan investment figures and the scaling back of the massive SoftBank/Stargate project, why don't we just wait and see how much of that promised $600B EU investment actually takes shape. That continent is not likely to both simultaneously increase defense spending AND scale their other US investments by such a large degree. The figures will come down