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I understand why, but people are jumping the gun to cynicism here. Obviously, a "factory" could mean anything, and maybe we need more details to know, but at fi

• mikeyouse 3y ago
  For better or worse, several of the recent tax laws have heavily incentivized domestic manufacturing, especially in high-tech spaces like batteries, EVs, and semiconductors. There will indeed be a lot of actual manufacturing in the states in the next few years. Just look at the construction investment charts, there's legitimate industrial policy for the first time in generations. Compare the manufacturing facility spending today vs. the "other" category which included the housing boom in 2007; https://home.treasury.gov/system/files/136/unpacking-the-boom-in-us-construction-of-manufacturing-facilities-figure2.png https://home.treasury.gov/system/files/136/unpacking-the-boo... Or https://econbrowser.com/wp-content/uploads/2023/07/constr_invest_mfg-1.png https://econbrowser.com/wp-content/uploads/2023/07/constr_in... (From here: https://econbrowser.com/archives/2023/07/the-manufacturing-construction-boom https://econbrowser.com/archives/2023/07/the-manufacturing-c...)