Comment by epistasis

Comment by epistasis 2 days ago

Maybe you should look at actual stats for what's going on in the economy before being completely cynical.

The investment in factories is absolutely massive over the past few years. The Inflation Reduction Act is bringing massive amounts of manufacturing into the US, starting with the lowest value add of assembly, and after that additional suppliers lower down the chain will be built up too.

It is not SV reinvigorating the economy, it's not happening in SV, it's happening in small towns all over the country. It's happening due to the bills that Democrats passed over Republican opposition, but because of politics, it's not being trumpeted as a partisan win in the towns where factories are being built.

laidoffamazon 2 days ago

> The investment in factories is absolutely massive over the past few years.

The fascinating thing is people don't want to believe this. They'll make every excuse before admitting that it's true. They want to be in a declining empire when the reality is the opposite.

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riehwvfbk 2 days ago

That's because reality that is readily observable by these people does not match the reality reported by the media and the reality portrayed in Democrat speeches. In that alternate reality manufacturing-heavy towns are booming and not dying out. US-made automobiles are the most advanced and Detroit is a world-class city. And it's simply not true, much like what Pravda would report back in the day.

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- laidoffamazon 2 days ago
  
  > reality that is readily observable by these people does not match the reality reported by the media and the reality portrayed in Democrat speeches.
  Democratic* and also, no.
  > US-made automobiles are the most advanced
  You may be living in a different country then, given how impressive Tesla, Rivian, and Lucid are.
  > And it's simply not true
  Except it is, you're proving my point
  
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  kragen 2 days ago
  
  here's a bookmark from a few days ago:
  https://www.youtube.com/watch?v=aqhTRQ--x_Q #video on #China/#USA politics trying to keep out electric vehicles with 100% tariffs while US car companies spend their government EV research grants on stock buybacks. High-end electric cars, electric dumptrucks, and even electric mopeds support battery-change recharging; it’s commercially deployed. They’re very impressed with how advanced all the Chinese cars are, and also positively impressed with how accommodating the auto parts manufacturers they met with were, especially by contrast to US and Canadian companies.
  a thing i didn't mention in that bookmark is that the prc-company-made equivalent to the (prc-made) tesla model y (still the most popular car in the prc) is one fourth of the price
  
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  riehwvfbk 2 days ago
  
  A democratic speech would be something about the right of the people to elect a government that represents them (as opposed to being told they are Nazis for wanting to do so). A Democrat speech is any speech delivered by a Democrat.
  The USSR also had fanatical members of the Youth Comsomol who'd loudly denounce anyone who questioned the party line as either insane or "anti-Soviet". That's what you and your comrades are doing.
  But really, it doesn't matter if Pravda reports a new record in farm production every other week - the people still see the empty shelves in the grocery stores.
  US manufacturing growth is manufactured as follows: use tariffs to ban much cheaper (and frequently better) goods and demand that they are produced locally. Or even better: make components for a fleet of ships that costs $4B each and that nobody needs and that gets canceled (see: Zumwalt). Step 2: use the ridiculously inflated costs as proof that manufacturing is growing (hey, you just need a big number).
  
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consteval 2 days ago

> don't want to believe this
I don't think so. Rather, we are being told repeatedly that investment in factories is real bad and we should just continue to do what we did. We, then, respond to that - and that gets interpreted as "oh so you don't believe the situation is getting better?"
It is getting better, but there's still a lot of opposition and the opposition still needs to be addressed and their concerns heard.

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bongodongobob 2 days ago

Cool, factories get invested in, the c levels get paid $500k/year and the workers get $17.50/hr. Come to the Midwest and see it.

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macinjosh 2 days ago

Investment in factories != investment in american communities.
Legal immigrants with special protected status, Medicare coverage, and some basic income from the government are given these manufacturing jobs because then the investors don't have to pay for health benefits, can severely under pay, plus they have the bonus of having a desperate, captive workforce.
The investment class thinks workers need to be knocked down a couple pegs. This stuff will not end well.

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bongodongobob 2 days ago

Bro I fuckin live in it. I don't care what stats you have, people in the Midwest are struggling to afford groceries and housing. Come visit.

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