From: Chris Ahlstrom <OFeem1987@teleworm.us>
Newsgroups: alt.politics.trump,can.politics,alt.fan.rush-limbaugh
Subject: Re: Tell us all: Exactly WHO brought manufacturing back?
Date: Wed, 9 Apr 2025 14:18:28 -0400
Organization: None
Alan wrote this post while blinking in Morse code:
> <https://fred.stlouisfed.org/graph/fredgraph.png?g=1HXQA&height=490>
>
> 'A surge in manufacturing construction across the country is grabbing
> the attention of economists and workers on the ground as legislative
> efforts to reinvigorate the U.S. industrial base are bearing fruit.
> Experts say these changes have been long-awaited, and they represent a
> watershed moment for U.S. heavy industry and a shift toward more
> environmentally friendly methods of production amid an ongoing climate
> emergency.'
>
> <https://thehill.com/business/4045941-how-bidens-big-investments-spurred-a-factory-boom/>
This started under Biden, obviously.
Yup:
Big federal investments are paying off
The 2021 Bipartisan Infrastructure Law along with the Inflation Reduction
Act (IRA) and CHIPS and Science Act, both passed in 2022, are the main
drivers behind the construction boom, economists say.
A portfolio of 21 manufacturing and recycling projects for the battery
industry funded by $2.8 billion from the Bipartisan Infrastructure Law and
administered by the Department of Energy shows the kinds of facilities that
are being primed for additional capital expenditures.
âThe Inflation Reduction Actâs advanced manufacturing tax incentives
provide a long-term investment signal for critical mineral processing and
battery production, and the structure of the [IRAâs] tax credits for
electric vehicles depends on domestic assembly and domestic batteries,â
Trevor Higgins, a vice president at the Center for American Progress, a
Washington think tank, testified to Congress earlier this year.
Will Trump's tariff nonsense fsck this up?
--
Q: Why was Stonehenge abandoned?
A: It wasn't IBM compatible.