US EditionYellen Gets Reality Check After Calling U.S. Manufacturing Revival A ‘Pipe Dream’
- Janet Yellen stated on CNBC that bringing manufacturing back to the United States is a 'pipe dream' and questioned if it is even a 'desirable goal.'
- Nvidia announced plans to manufacture AI supercomputers in the U.S. And invest up to $500 billion in U.S. Production, contradicting Yellen’s comments.
- Nate Morris criticized Yellen's remarks, linking them to a negative impact on the manufacturing base and workers.
- Jensen Huang from Nvidia highlighted the importance of American manufacturing for meeting the growing demand for AI technology.
11 Articles
11 Articles
Ex-Fed Chair Calls President Trump’s Plan A ‘Pipe Dream’ And Is Immediately Proven Wrong * 100PercentFedUp.com * by Russell Bartlett
So-called experts have been quick to denounce virtually all of President Donald Trump’s policies dating back to his first term in office. This time around, however, the White House is a well-oiled machine capable of toppling the threadbare arguments made against the MAGA agenda. One recent example involves remarks former Federal Reserve Chair Janet Yellen made about Trump’s trade policies and his ultimate aim of bringing new manufacturing jobs b…
Yellen Gets Reality Check After Calling U.S. Manufacturing Revival A ‘Pipe Dream’
Janet Yellen, who served as Treasury Secretary in the Biden administration, faced a reality check on Monday after saying that she thought the idea of bringing manufacturing back to the United States was a “pipe dream,” dismissing one of the goals of President Donald Trump’s tariff agenda. Within hours of Yellen making the comment on CNBC, top semiconductor company Nvidia unveiled plans to fully produce its AI supercomputers in the United States …
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