Why did Trump choose Vance as Vice President? (From a Hillbilly's Perspective)
Real Estate and Economic Trends
The real estate market is constantly changing. It's important to understand recent trends and develop investment strategies. Additionally, understanding the overall economic flow can lead to better investment decisions. Discovering new markets and opportunities through travel is also a good approach.
Trump's Political Decisions and Historical Context
Trump has nominated 39-year-old Senator Vance as his vice-presidential candidate. This seems to be a decision with political background. Looking back at history, the American Civil War, also known as the War Between the States, broke out on April 12, 1861. Considering this historical context, current political decisions are likely to carry significant meaning.
The Civil War and Its Economic Impact
The cause of the Civil War can be seen as a power struggle between the North and the South. The war was triggered when slave imports were banned in 1808, resulting in a sharp increase in slave prices. At the time, the value of slaves in the Southern region amounted to about $2 billion, accounting for 20% of the total assets of Southern residents. Therefore, the emancipation of slaves meant the evaporation of 20% of assets for Southern residents...
The Appalachian Region and Its People
The Appalachian Mountains stretch like the backbone of America, starting from Alabama and Georgia along the Atlantic. This region is also home to many immigrants who fled from Scotland to escape battles with England. The history and culture of this place are very interesting.
The Hillbillies and Their Challenges
The term 'hillbilly' originally meant white people from mountain villages, but over time it came to refer to poor and marginalized white lower-class people living in the declining Rust Belt industrial areas. These people are often honest and simple, sometimes uneducated and radical in character...
Trump's Economic Policies and Their Impact
After being elected president, Trump made reviving American manufacturing a core strategy. He lowered the corporate tax rate from 35% to 20%, enhancing the competitiveness of American companies and creating room to promote investment. He also sought to revise the North American Free Trade Agreement (NAFTA) between the United States and Mexico to strengthen the competitiveness of the automotive industry...
Reshoring and Investment in America
Recently, the phenomenon of jobs returning to the home country, known as reshoring, has been gaining attention in the United States. Global private companies have started investing $503 billion in the United States, further accelerating this trend. This flow is expected to have a positive impact on economic recovery.
Investment in Semiconductors and Electric Vehicles
Recently, investments in the semiconductor and electronics sectors have been active. The United States is investing as much as $231 billion in this field, and $133 billion is being invested in the electric vehicle and secondary battery sectors...
J.D. Vance: From Hillbilly to Vice Presidential Candidate
Vance grew up as a "dirt spoon" in an underprivileged family in the Rust Belt region. After graduating from high school, he enlisted in the Marine Corps and served as a private for five years, including a deployment to Iraq. After completing his mandatory service, he used veteran welfare benefits to complete Yale Law School and became a lawyer and venture capital entrepreneur...