For the factory workers in the industrial heartland it will be good.

For the general population it will be bad.

The idea of manufacturing more, cutting budget deficit etc may be a good idea. The way they go about it with trade wars pissing off countries usually friendly to the US is dubios. The DOGE and internal politics does not seem much better but that is not really any of my business as a non American.

Also if you want to cut deficit you should fund the IRS more, not less.