Part 9/14:
While political leaders on both sides of the aisle profess support for reindustrialization, their actions often fall short of ideals. Initiatives under different administrations—Trump's tariffs and Biden's focus on semiconductors and clean energy—have had mixed results. For instance, tariffs have inadvertently led to job losses and contraction in manufacturing activity, revealing implementation flaws.
Funding agencies such as NSF and NIH, which could catalyze innovation, face budget constraints or policy shortcomings, hampering their effectiveness. Energy policies, deregulation efforts, and investments are often fragmented or misaligned with long-term industrial goals.