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Navigating U.S. Industrial Policy: A Political Landscape
This chapter examines the current state of U.S. industrial policy while speculating on the potential directions under a Harris-Walls or Trump-Vance administration. It highlights the disconnect between campaign promises and actual governance, stressing the role of Congress in driving meaningful policy changes. Additionally, the chapter contrasts the technical competencies of both major parties, emphasizing the need for bipartisan collaboration in shaping future industrial strategies.