Part 2/9:
Vance reflected on how, during Trump's first administration, predictions of economic downturn due to tariffs proved inaccurate. Instead, inflation remained at a mere 1.5%, the economy experienced a growth spurt not witnessed in a generation, and the seeds of a manufacturing resurgence were being sown in America. He contrasted this with the current economic climate under President Biden, which he labeled as a period of hardship marked by increasing debt and the outsourcing of manufacturing jobs.