With tensions escalating with Iran and gas prices still up across the country, Trump made it clear he's in no rush to make a deal and feels no urgency to end the war.
America's dependence on imported manufactured goods looks like a vulnerability in a world of widening geopolitical fractures . Fixing it won't come cheap. The big picture: New research from McKinsey, the global consulting firm, estimates that it would take $2 trillion, or about 6% of U.S. GDP, to build the industrial capacity needed to replace imports of key strategic goods. - That's the equivalent of two years' worth of the current annual defense budget — and doesn't even include the investment needed to cultivate the workers' skills, infrastructure and energy needs. - There is a particular dearth of American manufacturing capacity for advanced electronics, particularly AI servers, and key chemicals, the study finds. State of play:…
America's dependence on imported manufactured goods looks like a vulnerability in a world of widening geopolitical fractures . Fixing it won't come cheap. The big picture: New research from McKinsey, the global consulting firm, estimates that it would take $2 trillion, or about 6% of U.S. GDP, to build the industrial capacity needed to replace imports of key strategic goods. - That's the equivalent of two years' worth of the current annual defense budget — and doesn't even include the investment needed to cultivate the workers' skills, infrastructure and energy needs. - There is a particular dearth of American manufacturing capacity for advanced electronics, particularly AI servers, and key chemicals, the study finds. State of play:…Open
Another school year comes to an end! Jill Simonian of PragerU Kids discusses graduation speeches gone viral—the hits & misfires. Plus, a newly revealed decade-long decline in American schools…could Southern Poverty Law Center’s “Learning for Justice” be part of the cause? Explore more: PragerU Kids’ How-To series (life skills for teens) https://l.prageru.com/4dwnoBk PragerU Kids’ Citizenship 101: Geography (civics for teens) https://l.prageru.com/42YML8J