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Yellen’s ‘Pipe Dream’ Remark on U.S. Manufacturing Met With Criticism
Hours after Biden’s Treasury Secretary downplays re-shoring, Nvidia announces half-trillion dollar investment in American-made AI.

Janet Yellen picked the wrong day to bet against American manufacturing.
In a stunning display of the tone-deaf elitism that defined the Biden era, the former Treasury Secretary told CNBC on Monday that bringing manufacturing back to the United States was a “pipe dream” and even questioned whether it was a desirable goal.
But reality didn’t take long to strike back.
Just hours after Yellen’s remarks, Nvidia the global tech giant at the forefront of the AI revolution announced a landmark plan to manufacture AI supercomputers entirely in the United States, pledging a half-trillion dollar investment in American soil through infrastructure partnerships. The contrast could not have been more humiliating for Yellen or more vindicating for President Trump’s economic vision.
The Trump War Room fired back immediately:
“More companies are choosing to build in the US and this is just the beginning.”
They added, “Yellen lacks the ability to predict the future. Welcome to America’s Manufacturing Renaissance!”
Let’s be clear: this isn’t just a media gaffe. It’s emblematic of the mindset that dominated Washington under Democrats:
Globalism over American workers
Offshoring jobs for cheap labor while gutting the middle class
Surrendering our economic sovereignty to China and multinationals
Yellen didn’t just say bringing jobs home was hard she openly questioned if it was worth doing at all:
“We could even raise questions about whether or not, in a broad-based way, that’s a desirable goal,” she said.
Desirable goal? Try essential. From semiconductors to steel, American-made means American strength. Under President Trump, we saw a clear shift: tariff policies, energy independence, and deregulation combined to attract trillions in foreign investment and jumpstart domestic production especially in critical tech and defense sectors.
Trump’s team didn’t let the moment pass. His White House “Rapid Response” team posted:
“The same politicians who sold American workers out to foreign countries for decades now say an American manufacturing renaissance is a ‘pipe dream’ They hate you.”
They’re not wrong.
Representative Mike Waltz, a key national security adviser to Trump, added:
“The previous administration accepted defeat and raced to off shore jobs. President Trump has brought in Trillions and Trillions of dollars of foreign investment in record time!”
While Biden officials like Yellen were still clinging to the failed economic orthodoxy of the past, Trump was setting the foundation for the future a future where America builds again, leads again, and wins again.
In a single day, one of the most powerful figures from the old regime was publicly debunked by the very innovation and investment she claimed would never come. And that’s not just ironic it’s a sign that the tide has turned.
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