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Paul Grant Truesdell, J.D., AIF
Have you ever noticed how some news articles grab your attention with flashy headlines, only to pull back and say, Well, maybe it's not as well big a deal as you think. Now, this is something that's a real problem in the financial services industry, especially with organizations like AARP Money Magazine and now the Wall Street Journal, because that is exactly what the Wall Street Journal did in an article that appears on Monday, February 24 2025 in their piece on Apple's $500 billion US investment. Now, at first glance, the headline sounds almost transformative. Really does a massive injection of cash into United States manufacturing complete with plans for new facilities and training centers, and they talk about empowering people, specifically in Detroit, and Detroit needs some real help.
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Paul Grant Truesdell, J.D., AIF
so a massive injection of cash into US manufacturing, and we need it, new facilities, new training centers. So you can see it's kind of easy to get excited about the idea that Apple is fueling a manufacturing revolution, which is what we need here in the United States. But now the takeaways as you read the article, the tone begins to shift very subtly. The article starts to peel away the initial excitement by pointing out that a lot of this spending may already be part of Apple's regular financial playbook. Of course it is. Of course they're going to say this because Trump is getting along with people in Silicon Valley. Trump is a different person from what he was in the 45th term. Trump and people like Tim Cook are actu