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> Well the revival may be halted depending on the election Not a fan of the GOP, but industry is operating on the assumption that most industrial policies unde
by alephnerd 2y ago
> Well the revival may be halted depending on the election
Not a fan of the GOP, but industry is operating on the assumption that most industrial policies under the Biden admin will continue to remain.
There's been a lot of policy research and lobbying on this front for over a year at this point [0]
Doesn't hurt that a number of major Trump-Vance donors have benefited from these industrial policies as well.
Sadly, most deal flow is anyhow locked up because the Commerce has been slow at disbursing funds due to bipartisan politicking (eg. GOP trying to undermine the CHIPS act due to pettiness, CPC affiliates trying to launch unnecessary NEPA and Labor fights)
That said, even companies knew that would happen - and a lot of deal flow was strategically placed in purple districts for that reason.
Foreign automakers and their supppliers used a similar strategy in the 1990s-2000s when entering the US market by opening factories in then-Purple Tennessee, Kentucky, WV, etc.
[0] - https://www.eiu.com/n/us-election-its-impact-on-industrial-policy/ https://www.eiu.com/n/us-election-its-impact-on-industrial-p...
- selimthegrim 2y agoWhich CPC affiliates?
- alephnerd 2y agoPramila Jayapal most notably. Donald Norcross in the Labor Caucus has been a major blocker as well because most of these CHIPS projects are being built independent of AFL-CIO in a lot of cases.
- selimthegrim 2y agoAccording to Mark Warner Elon Musk should be on this list as well.
- alephnerd 2y agoElon Musk didn't have a say in disbursement - congressmembers do.