Re: It's a little more nuanced than that

quozzel

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Mar 25, 2024, 9:30 AM [ in reply to It's a little more nuanced than that ]

Policies do play some role, though. The ironic part of that is, Biden's been doubling down on Trump's protectionist policies and has been even more hostile to Chinese trade than Trump was...up to the point of leaning all over ASML - a Dutch company! - to stop providing cutting-edge lithography machines to China. He also leaned all over Unimin - a Belgian company in Spruce Pine, NC - to stop providing the Iota quartz crucibles that allow for almost perfectly pure silicon (again, required for sub-10nm chips) to be forged. Which pretty much kills Chinese sub-10nm chip manufacturing - the kind of you need to build AI - in its tracks. Well, at least until China can steal the ASML machines and somehow acquire a source of ultrapure quartz for themselves. Which thus far is known to exist only in that one North Carolina town and nowhere else on Earth.

But even if they can get that stuff, who's going to buy Chinese product with both sides of the American aisle being so implacably hostile to Chinese trade? It seems to be getting pretty clear to anybody who consumes - meaning, Europe and the US - that buying Chinese sh!t is tantamount to putting the seal of approval on the Chinese ripping your cutting-edge tech and then selling it back to you while undercutting your domestic companies that invented the product to begin with.

At some point, being an asshat catches up with you. China seems to be there.

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- How do you know the tax cuts only caused a "small bump"? I run a business and I'm actually in the middle of building a new factory and adding on to an existing factory and I don't think you can state the impact of the tax cut on manufacturing expansion with any certainty...in either direction.

- Evaluating construction spending using unadjusted $'s and not adjusted for inflation on building costs doesn't tell you much. The new factory project we have has gone from $6MM to $30MM in 3 years and a large part of that is the cost of the building and rest is the cost of equipment.

- There is a lot of on-shoring going on right now due to supply issues exposed during COVID.

- The IRA, IIJA, and NMTC program are having some positive impacts on manufacturing starts. I didn't support the bills, specifically the IRA, but I dang sure going to take advantage of the IRA tax credits where we can.

Manufacturing construction spending triple the 2010's....

Troll, go home..

What part's the troll part?

It's a little more nuanced than that

An explosion like what we've seen in the last 2 years....

It's possible because of inflation.***

No it isn't.****

Re: It's a little more nuanced than that

Clemson is playing, clown. Lamp is lit***

Who died and made you hall monitor?****

It's been the rule for, oh, 25 years or so.

Man, why any y'all on this board during that game?

I'm a general board view kind of guy, so I see them unintentionally.

4'x8' sheet of OSB costs at least 3X as much, too...***

Buncha Solyndras?***

Re: Buncha Solyndras?***

A few points...

spending on everything has tripled thanks to bidenflation***

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