LAUGHatLEFTISTS
Diamond Member
- Jan 22, 2020
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....end the policy objectives of the Biden admin that lead to a tremendous buildout of manufacturing facilities?
Unpacking the Boom in U.S. Construction of Manufacturing Facilities
The United States has experienced a striking surge in construction spending for manufacturing facilities. Real manufacturing construction spending has doubled since the end of 2021 (Figure 1).[1] The surge comes in a supportive policy environment for manufacturing construction: the Infrastructure Investment and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPS Act each provided direct funding and tax incentives for public and private manufacturing construction.
We explore the surge along three key dimensions:
- The boom is principally driven by construction for computer, electronic, and electrical manufacturing—a relatively small share of manufacturing construction over the past few decades, but now a dominant component.
- Manufacturing construction is one element of a broader increase in U.S. non-residential construction spending, alongside new building for public and private infrastructure following the IIJA. The manufacturing surge has not crowded out other types of construction spending, which generally continue to strengthen.
- Finally, we put the trend in international context. While it can be difficult to compare such granular data across countries, the surge appears to be uniquely American—not mirrored in other advanced economies.
![[IMG]](https://home.treasury.gov/system/files/136/unpacking-the-boom-in-us-construction-of-manufacturing-facilities-figure1.png "[IMG]")
https://home.treasury.gov/news/feat...n-us-construction-of-manufacturing-facilities
Why go down this road, the tariff road, instead?
Here's a more detailed explanation:
q=why+tariffs+create+inefficiencies&oq=why+tariffs+create+inefficiencies&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRiPAtIBCjI4MzQyajBqMTWoAgiwAgHxBVzq7-YaxOXD&sourceid=chrome&ie=UTF-8
- Higher Costs and Reduced Consumption:
Tariffs, essentially taxes on imported goods, increase the price of those goods, making them less competitive and potentially leading to reduced consumption.- Distorted Market Dynamics:
By artificially raising the price of imported goods, tariffs can lead to a shift in production and consumption patterns, potentially benefiting domestic producers at the expense of consumers and overall economic efficiency.- Reduced Trade Volumes:
Tariffs can discourage international trade, as they make it more expensive for businesses to import and export goods, leading to a contraction of trade and potentially impacting global value chains.- Impact on Global Value Chains:
Tariffs can disrupt global supply chains, as many goods are produced using inputs from multiple countries. When tariffs are imposed, the cost of these inputs rises, potentially making the final product more expensive and less competitive in global markets.- Potential for Retaliation:
One country's tariffs can trigger retaliatory tariffs from other countries, leading to a trade war that can further disrupt global trade and economic activity.- Job Losses:
Tariffs can lead to job losses in industries that rely on imported inputs, as the higher costs of those inputs can make them less competitive.
The answer is simple enough. trump believes in destructive tariffs but not the destructive forces continuing to be unleashed by global warming.
Please post the tariffs Falling Down *Joe implemented so the forum has more information to respond to your post.
