Manufacturing Investment is Soaring

[Rambunctious]

On the line at the bottom. The blue at the furthest right is under Biden. Moving left, the red marks the time under Trump.

Dude the line shot up in 2017...

 

[Mac-7]

I agree. There is no way we are going to hit the net zero targets. Zero chance.

The only way is for the greenies to ban internal combustion cars

 

[JLW]

President Biden's stewardship of the economy has been second to none. The CHIPS Act and Infrastructure Bill will benefit the nation for at least a generation. Of course, that is dependent upon Trump not getting elected and screwing it all up.

 

[Toro]

The only way is for the greenies to ban internal combustion cars

And that's why it isn't going to happen.

All these EV targets are for years in the future. That makes progressive politicians feel good now as it virtue signals to their base. But there is absolutely no way that those targets will be hit. We cannot produce EVs fast enough nor do we have the infrastructure to produce the required electricity. These targets will eventually be extended well into the future and probably won't be hit in our lifetimes.

 

[Rambunctious]

Toro Next time you post a thread think about it and investigate it so you don't look like a retard...

 

[Mac-7]

And that's why it isn't going to happen.

All these EV targets are for years in the future. That makes progressive politicians feel good now as it virtue signals to their base. But there is absolutely no way that those targets will be hit. We cannot produce EVs fast enough nor do we have the infrastructure to produce the required electricity. These targets will eventually be extended well into the future and probably won't be hit in our lifetimes.

Greenies are convinced that the man-made global warming DOOMSDAY myth is real

Because of that they are not making rational decisions and will likely push up their date for banning gas cars even if it means the public has to walk or ride a bicycle

 

[1srelluc]

These EV mandates are ridiculous and they won't be met. We have neither the generation capacity nor the distribution to meet the demand required to hit these targets.

Diesel generator goes Brrrrrr.

 

[Toro]

Dude the line shot up in 2017...

The line went parabolic in 2022. You can see the graph and download the data here.

Real private fixed investment: Nonresidential: Structures: Manufacturing

Graph and download economic data for Real private fixed investment: Nonresidential: Structures: Manufacturing (C307RX1Q020SBEA) from Q1 2007 to Q2 2024 about nonresidential, fixed, investment, private, manufacturing, real, GDP, and USA.

fred.stlouisfed.org

 

[Harpy Eagle]

Your graph shows the best years were Trump years and it stops at 2019....

find a 4th grader to teach you how to read a graph

 

[Toro]

Greenies are convinced that the man-made global warming DOOMSDAY myth is real

Because of that they are not making rational decisions and will likely push up their date for banning gas cars even if it means the public has to walk or ride a bicycle

The costs are much higher than the Left is letting on. That's another reason why it won't happen.

 

[Toro]

Toro Next time you post a thread think about it and investigate it so you don't look like a retard...

I posted the data from the source. Take a look at it. I'll await your apology.

 

[Mac-7]

The costs are much higher than the Left is letting on. That's another reason why it won't happen.

The left is totally freaked out over global warming

They dont care how much it costs to save the planet from absolute destruction

 

[Harpy Eagle]

Toro Next time you post a thread think about it and investigate it so you don't look like a retard...

you are a moron. the blue line I added is at 2021

 

[Toro]

The line went parabolic in 2022. You can see the graph and download the data here.

Real private fixed investment: Nonresidential: Structures: Manufacturing

Graph and download economic data for Real private fixed investment: Nonresidential: Structures: Manufacturing (C307RX1Q020SBEA) from Q1 2007 to Q2 2024 about nonresidential, fixed, investment, private, manufacturing, real, GDP, and USA.

fred.stlouisfed.org

Q4 2016 - $77.704 billion
Q4 2019 - $71.601 billion
Q4 2020 - $64.835 billion
Q1 2021 - $66.582 billion
Q2 2021 - $66.467 billion
Q2 2024 - $155.08 billion

 

[Toro]

you are a moron. the blue line I added is at 2021

View attachment 986309

You don't even have to do that. The data is available from the St. Louis Fed Fred link I posted

 

[The Duke]

This has never been seen before.



This is due to the misnamed Inflation Reduction Act, the Chips and Science Act, and a push to bring supply chains away from China.

How many of these factories are Chinese-owned, hmm?

 

[Toro]

How many of these factories are Chinese-owned, hmm?

Very few. Taiwan Semiconductor is building a fab in Arizona.

 

[The Duke]

Very few. Taiwan Semiconductor is building a fab in Arizona.

1 fab. How many are in Taiwan/Vietnam/Malaysia, hmm?

 

[Toro]

1 fab. How many are in Taiwan/Vietnam/Malaysia, hmm?

Most are in Taiwan, Japan and China, though China produces mostly low end chips.

That's the impetus for the Chips Act - to bring semiconductor manufacturing back to America