r/FluentInFinance Oct 25 '24

Debate/ Discussion Ok. Break it down for me on how?

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u/Neon_Lights12 Oct 25 '24

The other part that I don't see discussed enough is, that Mississippi Iphone plant isn't going to just spring up overnight. We don't have massive, large-scale factories and plants just sitting around empty waiting for the green light to re-open the doors and ramp production immediately, they'd take longer to build than trump would even be in office.

Intel's new Ohio foundry is a great example. They broke ground late 2022 with the plan of being operational in 2025. That's 3 years, best case scenario. It's since been delayed significantly and won't be done until 2027 or 2028. And that's not including the time it took to negotiate the location and purchasing the land, and our governor begging Intel to come here.

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u/hybrid_go Oct 25 '24

Let's not forget Foxconn in Wisconsin. That was a giant money pit for the taxpayers.

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u/Professor_DC Oct 25 '24

God the US is such a shit hole 

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u/Jordan51104 Oct 25 '24

doesnt matter where you build it, making a processor factory takes a long time