The much-touted manufacturing boom has failed to materialize on the ground. Factory operators could reasonably argue that government intervention, while well-intentioned, often produces counterintuitive results. What looks good on paper—policy designed to bolster domestic production—frequently encounters friction when met with real-world constraints. The gap between promised industrial revival and actual outcomes remains stark. As capital flows shift based on policy uncertainty, it's worth watching how these structural tensions play out across global markets and asset valuations.