Trumps Playbook will actually work, so MAGA will get results.
Tariffs will force productivity and salaries higher (and prices), then automation which is the main driver of productivity will kick in which lowers prices of goods again.
Globalisation was basically the west standing still and waiting for the rest to catch up - the last to industrialise will always have the best productivity and industrial base. It was always stupid, but it lifted billions out of poverty so there's that.
The effects will take way longer than the 3 years he has left, so he has oversold the effectiveness of it all.
This is all assuming AGI isn't around the corner, the VLAs, VLM, LLM and other models opens up automation on a whole new scale.
For any competent person with agency and a dream, this could be a true golden age - most things are within reach which before was locked down behind hundreds or thousand of hours of training and work to master.
As a kid of the late 90s i feel like it was kinda unfair.
Back in the day (70s(?)80s) computers shipped with the programming language manual.
All I got was a CDROM of ENCARTA and a slip to mail in for a restore set of MS DOS / WIN 3.1 diskettes(which was sorely needed I might add).
Remember we used to have Aoe2 sessions on LANS when we were kids back in the 00s and like 1 in 3 games just crashed after everyone had played for like 2-3 hours.
In a way it was even better because then nobody had to loose, and everyone believed they were winning.
It's the new normal, get used to it.
The MAG7 isn't pumping all their FCF + new debt issuance into DC's just for fun.
The world is seemingly moving into a era where compute is becoming expensive and scarce.
Only thing that can possibly change this is LLMs hitting a vertical unscalable wall.
More AI compute = more CPU, memory, storage needs.