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The closing statement was a more cogent strategy for building manufacturing in the USA (from a tabletop gaming person!) than anything we’ve heard from those in

The closing statement was a more cogent strategy for building manufacturing in the USA (from a tabletop gaming person!) than anything we’ve heard from those in charge in 2025.

add-sub-mul-div 2y ago
This is why they distract you with pronouns. https://www.ft.com/content/b1079606-5543-4fc5-acae-2c6c84b3a49f https://www.ft.com/content/b1079606-5543-4fc5-acae-2c6c84b3a... https://home.treasury.gov/news/press-releases/jy2184 https://home.treasury.gov/news/press-releases/jy2184 https://www.investopedia.com/biden-s-parting-gift-to-small-business-8756426 https://www.investopedia.com/biden-s-parting-gift-to-small-b... https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2024/11/29/fact-sheet-ahead-of-small-business-saturday-the-biden-harris-administration-takes-new-actions-to-increase-federal-support-for-small-businesses/ https://bidenwhitehouse.archives.gov/briefing-room/statement... https://www.reuters.com/sustainability/climate-energy/biden-pushes-out-over-100-billion-clean-energy-grants-term-winds-down-2024-12-03/ https://www.reuters.com/sustainability/climate-energy/biden-... https://www.epa.gov/newsreleases/biden-harris-administration-launches-7-billion-solar-all-grant-competition-fund https://www.epa.gov/newsreleases/biden-harris-administration...
- MaximalDamage 2y ago
  How many of those projects are actually being completed? These articles tend to tout announcements, and the projects tend to fall through. Just looking at the first article from FT: LG - committed to a new manufacturing plant in TN... in 2017. Completed in 2019. Both under Trump. Expanded more a few years later - under Biden. What is the status on their 2023 commit? Hanwa - Georgia facility opened in 2019. Under Trump. What is the status of commits under Biden? LONGi - this is the only one of the three I can find immediate evidence for following-through with their factory in Ohio (joint venture with Invenergy/Illuminate USA)
energy123 2y ago
It's giving too much. The US should not manufacture games, whether by subsidy or tariff. Full autarky is bad policy for the US. What it does get right though is policy certainty is important. Tariffs won't bring back much manufacturing if capital thinks that they're going to be revoked, either by congress/courts or by the next administration.
gamblor956 2y ago
It really isn't. The U.S. can't "reward" local manufacturing (through subsidies, etc.) enough to offset the absolutely massive subsidies that China gives out like candy. (See, e.g., what China has done in the solar panel and steel spaces. Conservative estimates place the value of Chinese subsidies in those two markets alone at nearly $1 trillion dollars over the past decade.) The point of tariffs is to eliminate the financial benefit of using lower-cost foreign providers for sourcing products for local sale. The problem with the Trump tariffs are not that they exist, but that they are being thrown about without any thought into who or what should be subject to tariffs.
- ryoshoe 2y ago
  > The U.S. can't "reward" local manufacturing (through subsidies, etc.) enough to offset the absolutely massive subsidies that China gives out like candy. The U.S. has the biggest economy in the world. If they prioritized local manufacturing as much as China does couldn't they compete?

The closing statement was a more cogent strategy for building manufacturing in the USA (from a tabletop gaming person!) than anything we’ve heard from those in charge in 2025.

add-sub-mul-div 2y ago

This is why they distract you with pronouns. https://www.ft.com/content/b1079606-5543-4fc5-acae-2c6c84b3a49f https://www.ft.com/content/b1079606-5543-4fc5-acae-2c6c84b3a... https://home.treasury.gov/news/press-releases/jy2184 https://home.treasury.gov/news/press-releases/jy2184 https://www.investopedia.com/biden-s-parting-gift-to-small-business-8756426 https://www.investopedia.com/biden-s-parting-gift-to-small-b... https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2024/11/29/fact-sheet-ahead-of-small-business-saturday-the-biden-harris-administration-takes-new-actions-to-increase-federal-support-for-small-businesses/ https://bidenwhitehouse.archives.gov/briefing-room/statement... https://www.reuters.com/sustainability/climate-energy/biden-pushes-out-over-100-billion-clean-energy-grants-term-winds-down-2024-12-03/ https://www.reuters.com/sustainability/climate-energy/biden-... https://www.epa.gov/newsreleases/biden-harris-administration-launches-7-billion-solar-all-grant-competition-fund https://www.epa.gov/newsreleases/biden-harris-administration...

MaximalDamage 2y ago
How many of those projects are actually being completed? These articles tend to tout announcements, and the projects tend to fall through. Just looking at the first article from FT: LG - committed to a new manufacturing plant in TN... in 2017. Completed in 2019. Both under Trump. Expanded more a few years later - under Biden. What is the status on their 2023 commit? Hanwa - Georgia facility opened in 2019. Under Trump. What is the status of commits under Biden? LONGi - this is the only one of the three I can find immediate evidence for following-through with their factory in Ohio (joint venture with Invenergy/Illuminate USA)

energy123 2y ago

It's giving too much. The US should not manufacture games, whether by subsidy or tariff. Full autarky is bad policy for the US. What it does get right though is policy certainty is important. Tariffs won't bring back much manufacturing if capital thinks that they're going to be revoked, either by congress/courts or by the next administration.

gamblor956 2y ago

It really isn't. The U.S. can't "reward" local manufacturing (through subsidies, etc.) enough to offset the absolutely massive subsidies that China gives out like candy. (See, e.g., what China has done in the solar panel and steel spaces. Conservative estimates place the value of Chinese subsidies in those two markets alone at nearly $1 trillion dollars over the past decade.) The point of tariffs is to eliminate the financial benefit of using lower-cost foreign providers for sourcing products for local sale. The problem with the Trump tariffs are not that they exist, but that they are being thrown about without any thought into who or what should be subject to tariffs.

ryoshoe 2y ago
> The U.S. can't "reward" local manufacturing (through subsidies, etc.) enough to offset the absolutely massive subsidies that China gives out like candy. The U.S. has the biggest economy in the world. If they prioritized local manufacturing as much as China does couldn't they compete?