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Which investments in future GDP do you mean?
by schnable 2y ago
Which investments in future GDP do you mean?
- gotoeleven 2y agoThe billions of dollars for 8 EV charging stations. That kind of investment.
- Bhilai 2y agoProvably false, if you bother to get out of your echo chamber https://www.reuters.com/fact-check/pete-buttigieg-did-not-spend-75-billion-build-8-ev-charging-stations-2024-12-13/ https://www.reuters.com/fact-check/pete-buttigieg-did-not-sp...
- FergusArgyll 2y agoI'm curious if you read the fact check? The most charitable interpretation is 243 Chargers. According to the AP[0] it's 214 [0] https://apnews.com/article/fact-check-electric-vehicle-charging-stations-75-billion-buttigieg-1ddcd6ee193fc1847e5401c95c016ec3 https://apnews.com/article/fact-check-electric-vehicle-charg...
- magicalist 2y agoI think it's the price per charger that's the important value here, and the original claim "billions of dollars for 8 EV charging stations" is indeed provably false (even if you amend it to 243 or 214 EV charging stations). The money hasn't been spent yet.
- ceejayoz 2y agoThis is like building a computer, getting it mostly done, and declaring it useless because it doesn’t turn on yet. Or complaining the Manhattan Project had produced zero nukes by early 1945. It’s a decade long project, with phases and 50 different state governments doing the actual contracting. The Fed side is mostly funding and establishing the Tesla charger as the national standard - which required quite a bit of diplomacy to get all the car manufacturers onboard.
- renewiltord 2y agoIt is somewhat amusing timeline wise as a choice since the Manhattan Project ran from 1942 to 1946: Jan 1942: Roosevelt authorizes the atomic bomb Jul 1945 (55 months later): Trinity Aug 1945 (56 months later): Little Boy By comparison: Nov 2021: IRA becomes law Feb 2025 (40 months later): <250 charging points But this would take 120 months to complete. What an interesting comparison.
- ceejayoz 2y ago“Things happen fast in wartime” is perhaps not the novel discovery you think it is. Zero bombs in early 1945. What a waste of money!
- renewiltord 2y agoAh, so if they had the extra year they would have had charging stations everywhere. What a pity. All that money wasted because we didn't wait till August. They invented a novel weapon in half the time your heroes dreamed of building a charging station.
- Apocryphon 2y agoWell, maybe if the government declared a War on Climate Change or War on Lack of Charging Stations.
- renewiltord 2y agoHaha, a tremendous idea. If war works, then use war.
- Apocryphon 2y agoThere’s also the matter that the Manhattan Project was under one authority. As an ancestral comment mentioned, there’s multiple automakers involved. It would be trying to build a bomb and dealing with not only the gun type design vs. the implosion design but a bevy of others, whose proponents all have equal influence over Oppenheimer to stymie the effort.
- acdha 2y agoHere’s the entire sentence: > There are currently 214 operational chargers in 12 states that have been funded through the law, with 24,800 projects underway across the country, according to the Federal Highway Administration. I can see why you omitted the context.
- FergusArgyll 2y agoI'll give you a general tip for reading opinion pieces / fact checks (from generally reputable sources): Any "fact" it claims which is bad for it's case, you can believe with > 90% probability Any "fact" it uses to support it's case should be taken with a tablespoon of sodium. For example in this case: 24,800 projects underway. I assume if many were mostly built then they would say "10,000 chargers expected to be operational by March". If they were under construction at all, they would probably say "under construction" This is a statement from the Federal Highway Administration! it's PR! (as it should be, nothing wrong with tooting your own horn) and the most they claim is "underway". Of course we won't get an investigative story about this, but I'd wager the vast majority is in the earliest possible stage (before even permits to build) So, the criticism of Buttigieg is well founded, and the "misinformation" is more directionally correct then the "fact check"
- thecopy 2y agoEducation, health, infrastrucure, science.
- Acrobatic_Road 2y agoMost government spending is just keeping old people alive and happy, and paying the interest on debt. Say what you want about, but its not an investment in the future.