Missing reason #15: commercial lenders with a brain realize that these tariffs and this self-imposed domestic crisis will dissipate in the next ~6 years. Nobody's going to lend in this market to try to spin up a new greenfield project in the US that will take years to get operational when they can sit and ride it out - ESPECIALLY at these interest rates.
This is a big one. Once upon a time, the Democrats and Republicans listened to the same think tanks, so there was continuity in planning. Now, they seem to be opposed to plans simply because the "other side" came up with them. The whiplash we've been experiencing has torn the economy apart and scared businesses away.
You’re almost right. This is not a both sides issue. One side has made a concerted effort to get us to this point, and it started in the 80s or before.