1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

[Axios] A manufacturing investment supercycle is starting

Discussion in 'BBS Hangout: Debate & Discussion' started by dmoneybangbang, Jun 19, 2023.

Page 1 of 2
  1. dmoneybangbang

    dmoneybangbang Member

    Joined:
    May 5, 2012
    Messages:
    21,013
    Likes Received:
    12,881
    [Axios] A manufacturing investment supercycle is starting

    It's been awhile since the US has had a tangible industrial policy with the money to back it. Per the article spending and construction job growth is already rising, especially the former. Inevitably there will be some waste, graft, etc. with hundreds of billions at stake, but if the overall legislations (ARPA, Infrastructure Bill, Inflation Reduction Act, and CHIP) steers green technology/advanced manufacturing/new heavy industries and many of their supply chains towards America/North America then it is a success.

    I think some of the roadblocks will be environmentalists (opposed to new mining or heavy industrial waste) and legislators like the Freedom Caucus. Environmentalists are a pretty broad group and I'm sure there's both stuff to like and dislike from their point of view. However, I am of the mind it's better the world or our allies buy more from us, even petro products. Feels like supply chains will become more regionalized and/or new trading alliances will emerge.
     
    #1 dmoneybangbang, Jun 19, 2023
    astros123 likes this.
  2. Space Ghost

    Space Ghost Contributing Member

    Joined:
    Feb 14, 1999
    Messages:
    15,111
    Likes Received:
    6,267
    So Trump was correct? We need to bring manufacturing back?
     
    #2 Space Ghost, Jun 19, 2023
  3. astros123

    astros123 Member

    Joined:
    Mar 28, 2013
    Messages:
    9,809
    Likes Received:
    6,985
    Lolololol bless your heart my friend for being so naive
     
    #3 astros123, Jun 19, 2023
  4. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    9,624
    Likes Received:
    6,142
    Trump was all hat, no cattle.
     
    #4 adoo, Jun 19, 2023
    No Worries, Rashmon, deb4rockets and 1 other person like this.
  5. Frank_Duhon

    Frank_Duhon Member

    Joined:
    Jan 13, 2023
    Messages:
    205
    Likes Received:
    265
    #5 Frank_Duhon, Jun 19, 2023
    Nook likes this.
  6. No Worries

    No Worries Contributing Member

    Joined:
    Jun 30, 1999
    Messages:
    30,158
    Likes Received:
    17,098
    Thank you, Donald Trump, for delivering on all of your promises. “Only I can fix this”. No truer words have ever been spoken.
     
    #6 No Worries, Jun 19, 2023
    deb4rockets, Invisible Fan, FrontRunner and 3 others like this.
  7. Xerobull

    Xerobull You son of a b!tch! I'm in!

    Joined:
    Jun 18, 2003
    Messages:
    33,448
    Likes Received:
    31,042
    Not really a D&D topic imo.
     
    #7 Xerobull, Jun 19, 2023
  8. astros123

    astros123 Member

    Joined:
    Mar 28, 2013
    Messages:
    9,809
    Likes Received:
    6,985


    It only happened after legislation was passed ?
     
    #8 astros123, Jun 19, 2023
    adoo likes this.
  9. Xerobull

    Xerobull You son of a b!tch! I'm in!

    Joined:
    Jun 18, 2003
    Messages:
    33,448
    Likes Received:
    31,042
    Is that debatable?
     
    #9 Xerobull, Jun 19, 2023
  10. pgabriel

    pgabriel Educated Negro

    Joined:
    Dec 6, 2002
    Messages:
    42,794
    Likes Received:
    3,005
    What politician ever said we don't need manufacturing?
     
    #10 pgabriel, Jun 19, 2023
    deb4rockets, FrontRunner, dmoneybangbang and 1 other person like this.
  11. Amiga

    Amiga 10 years ago...
    Supporting Member

    Joined:
    Sep 18, 2008
    Messages:
    21,942
    Likes Received:
    18,692
    But the debt ! The interest rate! There got to be at least one d&d poster who are against US manuf, infrastructure, and chip investment.

    lol, this is one area that most agree with. Except Biden deliver and Trump was/is all bs.
     
    #11 Amiga, Jun 19, 2023
  12. dmoneybangbang

    dmoneybangbang Member

    Joined:
    May 5, 2012
    Messages:
    21,013
    Likes Received:
    12,881
    And Obama too, but neither were able to get any coherent legislation passed.

    A president/candidate talking about manufacturing isn’t just a Trump thing, but actually putting it into action is rare.
     
    #12 dmoneybangbang, Jun 20, 2023
  13. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,399
    Likes Received:
    25,403
    Yes/no?

    Trumo created a pronounced shift in China relations. The writing was already on the wall with Xi's rise during Obama.

    That plus supply chain fears from Covid (and China's involvement with it), made the manufacturing shift more noticeable. Direct reshoreing is kinda a crapshoot though. Foxconn in Wisconsin kinda deflated. Not sure how far TSMC will go without a big lift by Uncle Sam.

    Despite all the talk against China, trade between the two nations has been growing every year though 2023 might see Mexico as our no.1 trade partner.

    You can't decouple all of that without missing a body part or two.
     
    #13 Invisible Fan, Jun 21, 2023
    Nook likes this.
  14. rocketsjudoka

    rocketsjudoka Contributing Member
    Supporting Member

    Joined:
    Jul 24, 2007
    Messages:
    54,234
    Likes Received:
    42,242
    Well Trump did have lot of infrastructure weeks..
     
    #14 rocketsjudoka, Jun 21, 2023
  15. deb4rockets

    deb4rockets Contributing Member
    Supporting Member

    Joined:
    Oct 8, 2013
    Messages:
    19,870
    Likes Received:
    25,797
    All Trump could manufacture was a Big Fabricated Lie and a border wall scam where donors' money fell into the pockets of his criminal friends.
     
    #15 deb4rockets, Jun 21, 2023
  16. Xerobull

    Xerobull You son of a b!tch! I'm in!

    Joined:
    Jun 18, 2003
    Messages:
    33,448
    Likes Received:
    31,042
    Not true! His tariffs shut down Canadian lumber production which lead to a massive 4x cost increase in lumber which contributed greatly to housing costs becoming even more out of reach for the average American!
     
    #16 Xerobull, Jun 21, 2023
    Nook likes this.
  17. Buck Turgidson

    Buck Turgidson Member

    Joined:
    Feb 14, 2002
    Messages:
    86,211
    Likes Received:
    84,710
    I have it on very good authority (the best authority, no one is more authoritative) that "trade wars are easy to win"
     
    #17 Buck Turgidson, Jun 21, 2023
    No Worries, Two Sandwiches, Xerobull and 1 other person like this.
  18. ElPigto

    ElPigto Member
    Supporting Member

    Joined:
    Sep 21, 2006
    Messages:
    14,790
    Likes Received:
    23,358
    Didn't Trump just steal that from Bernie's book which is why he took home all the rust belt during the 2016 election? I remember Hillary's team being arrogant about that area and did not campaign enough.
     
    #18 ElPigto, Jun 21, 2023
  19. dmoneybangbang

    dmoneybangbang Member

    Joined:
    May 5, 2012
    Messages:
    21,013
    Likes Received:
    12,881
    How Samsung became the world’s No. 2 advanced chipmaker and set the stage for a U.S. manufacturing boom

     
    #19 dmoneybangbang, Jun 21, 2023
    astros123 likes this.
  20. Xopher

    Xopher Member
    Supporting Member

    Joined:
    Feb 1, 2017
    Messages:
    3,418
    Likes Received:
    5,167
    #20 Xopher, Jun 21, 2023
    No Worries likes this.
(You must log in or sign up to post here.)
Page 1 of 2

Share This Page

Toggle Width
Style
ClutchFans Original

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Rockets Content

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now