Rich

Smelled delightful.

If you took the exact opposite approach and you said in 10 years,

Tariffs on these things are going to be fucking ridiculous.

Therefore, if you want to make a shit ton of money at that point, hire the workers, build the factories.

We are internalizing this.

Here's the plan.

You work with the business leaders.

You secure the property.

You give them tax.

You give them stimulus to build the factories.

I mean, that's kind of what the CHIPS Act was.

There's a smart way to do this.

And then there's the complete opposite, which is everything is terrible now, and then I'm going to slowly whittle it back, which only...

That's why the corporations are eating it right now.

I think they showed that something like 70 or 80 percent of tariffs right now or for 2025 were absorbed by corporations because they didn't believe they were going to last long enough for it to fuck up their value delivery with their customers.

And so they were like, we're just going to eat it.

Now they're running out of those margins that can absorb all those tariffs.

And so even if they change nothing, I think it's expected to get significantly worse in 2026 if he doesn't start cutting.

Right.

It will.