OPINION
Trump Can Do the Impossible: Simultaneously Strengthen America’s Financials and Its National Security
Scott Powell | May 12, 2025
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
By the end of the Biden administration, widespread policy failures became so egregious—from mass invasion from an open border policy, humiliating and costly withdrawal from Afghanistan, government-sponsored mass censorship, failing public schools, out-of-control federal spending, and near national bankruptcy—that the American people massively rose and voted for fundamental change.
Middle-class Americans are also waking up to the fact that it is not just the government that has failed the American people, but corporate and Wall Street elites who have hollowed out the American economy through the offshoring of American sourcing and manufacturing. During COVID-19, this became painfully apparent when America had to depend on hostile communist China for basic medicines.
But the greatest betrayal of all is allowing the safety and security of the American people to become fundamentally compromised. Today, the U.S. can no longer produce the all-important rare earth elements that are critically necessary to produce high-tech military weapons systems, like F-16, F-22, and F-35 jet fighters, drones, and AI-driven systems. Instead, the U.S. has become dependent on China. In fact, the U.S. Government admits that we rely on China for 100% of 20 key minerals and rare earth elements required by our high-tech defense systems.
Such government incompetence borders on treason.
As with the production of lithium and cobalt, which power electric vehicles, China also controls most of the global rare earth supply chain, including mining, processing, and refining. At present, the U.S. has only one operational rare earths mine. But we can’t process heavy rare earths, so we send the mine’s ore to China for processing.
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READ MORE: https://townhall.com/columnists/scottpowell/2025/05/12/trump-can-do-the-impossible-simultaneously-strengthen-americas-financials-and-its-national-security-n2656904
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