The Price of America’s New Factory Boom

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  • เผยแพร่เมื่อ 5 ต.ค. 2023
  • America’s factory boom is bringing billion-dollar projects to tiny towns like Bryant County in Georgia where a 7.6 billion dollar Hyundai factory is about to transform the area. Across the US, spending on the construction of manufacturing facilities reached $198 billion on an annualized basis in August, an almost 66% increase from the previous year and the highest level since the Bureau of Economic Analysis began tracking the data in the 1950s.
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ความคิดเห็น • 854

  • @aleonyohan6745
    @aleonyohan6745 7 หลายเดือนก่อน +112

    I installed a chiller at a Mercedes battery plant in Alabama. Gorgeous Factory. The workers are making $30 an hour plus. This is a huge Boom for the local economy.

    • @Szcza04
      @Szcza04 5 หลายเดือนก่อน +4

      But they don’t know if they need it smh

  • @philipmccready7090
    @philipmccready7090 7 หลายเดือนก่อน +133

    The last time the American economy built factories at this speed was World War II and the 1950s.

    • @Szcza04
      @Szcza04 5 หลายเดือนก่อน +29

      Build back better

    • @lookoutforchris
      @lookoutforchris 4 หลายเดือนก่อน +11

      @@Szcza04sounds a lot like make America great again.

    • @gregoryturk1275
      @gregoryturk1275 4 หลายเดือนก่อน +4

      @@lookoutforchrisNot really also make America great again is quite a vague comment

    • @choncha23
      @choncha23 4 หลายเดือนก่อน +19

      @@Szcza04 The deal started with Trump scrapping NAFTA and creating a new agreement. Then Biden forced a lot of manufacturers to leave China and many moved to Mexico. So both Presidents get credit here.

    • @rapidsqualor5367
      @rapidsqualor5367 4 หลายเดือนก่อน +2

      Build it where you sell it. Now we need a workforce and a education system that responds to what business needs.

  • @jarjarbinks6018
    @jarjarbinks6018 7 หลายเดือนก่อน +625

    New factories should be built with freight rail network connectivity in mind as well as commuter rail if the town happens to be located in a metro area comprised of a larger city
    This allows for more resilient development to be built that can withstand economic downtowns. The alternative is sprawling outwards to accommodate more people which can’t be maintained when there’s a shortage of funds. My city went bankrupt from that model

    • @BatMan-oe2gh
      @BatMan-oe2gh 7 หลายเดือนก่อน +5

      Which city, and which factory was built nearby.

    • @navyseal1689
      @navyseal1689 7 หลายเดือนก่อน

      Was it Detroit? I think only city in US ever filed for bankruptcy

    • @philippenight2421
      @philippenight2421 7 หลายเดือนก่อน +33

      Yeah I doubt a car factory will have any interest in promoting non-car transit lol

    • @Pernection
      @Pernection 7 หลายเดือนก่อน +3

      Where now? The ghettos?

    • @mishkosimonovski23
      @mishkosimonovski23 7 หลายเดือนก่อน +14

      Detroit has a lot of old industrial space, train lines.

  • @DagaenGolomb
    @DagaenGolomb 7 หลายเดือนก่อน +437

    Change the zoning so it doesn't need to be all single family, detached housing on large lots with non-native grass yards. Let people CHOOSE, instead of forcing the status quo.

    • @user-zp7jp1vk2i
      @user-zp7jp1vk2i 7 หลายเดือนก่อน +25

      Famed Canadian Arthur Erickson states in his seminal speech in the early sixties: We do NOT want to emulate the American experience of distant housing blocks and having to pave more and more highways to get people in/n/out of the cities. And for the most part, we didn't. Americans need to visit cities that work and not be afraid of doing something different.

    • @farzana6676
      @farzana6676 7 หลายเดือนก่อน +1

      ​@user-zp7jp1vk2i Lol no thanks. We don't want to live like sardines in a tincan.

    • @alanmay7929
      @alanmay7929 7 หลายเดือนก่อน +31

      Exactly! In Europe for example multiple story buildings have business/offices at the bottom and apartments on top at all places and there are also multiple family houses....

    • @stix562
      @stix562 7 หลายเดือนก่อน +8

      And in Europe they have really small places to live in. They might like that. In Europe they put criminals in jail and don't feel bad for people stealing less than $1000 dollars. Europeans are also pretty homogenistic societies and not to welcoming of other cultures. Like Canadians are pretty homogenistic too come to think of it. Hmmm should we try to be like them?? I think not. We can be better but we don't have to one size fits all.

    • @DagaenGolomb
      @DagaenGolomb 7 หลายเดือนก่อน +30

      @@stix562 The majority of Americans live in urban areas. Thinking that the majority of America is rural and everyone wants land is a complete myth. Maybe Americans should have smaller spaces to live, most are buying far more than they need.

  • @BOOMER751
    @BOOMER751 7 หลายเดือนก่อน +204

    One of the main reasons for all these foreign automakers to settle in the south is because of the low rate of unionization compared to the rust belt.

    • @FutureProspect24
      @FutureProspect24 7 หลายเดือนก่อน +23

      Wow that’s a great point nobodies talking about. Love to hear more on this

    • @user-jz7ny1qc6j
      @user-jz7ny1qc6j 7 หลายเดือนก่อน +19

      Yep, unions are a non-starter for most companies. Not sure whether that says more about how bad worker rights here in the U.S. are, or how much it sucks to have to deal with unions. It would be nice if we had a happy middle ground

    • @Polack-ml9fh
      @Polack-ml9fh 7 หลายเดือนก่อน

      Yea there’s enough dumb hillbillies there that have no backbone, so they will work for peanuts.

    • @jsdhesmith2011
      @jsdhesmith2011 7 หลายเดือนก่อน +12

      And it’s cheaper. Taxes

    • @ivywoodxrecords
      @ivywoodxrecords 7 หลายเดือนก่อน +3

      @@jsdhesmith2011 This is the reason. Unions have been largely irrelevant since the 80s although they are making a comeback

  • @tonyzaffirini7368
    @tonyzaffirini7368 7 หลายเดือนก่อน +30

    I dont understand this. The people of the Savannah area spent years lobbying to have their port expanded to get large shipping from Asia now they are freaking out about an Asian company building a giant factory that is tied to that port?

    • @coreyleander7911
      @coreyleander7911 5 หลายเดือนก่อน

      it's because it's coming from Democrats/Biden. Literally all political.

  • @rickjames18
    @rickjames18 7 หลายเดือนก่อน +320

    We need to triple and quadruple the industry growth in America and near-shore as well as we pivot away from China. There is a huge need for this and I hope people understand how important Mexico, Vietnam, India and other countries are playing as well. We are just short on time and dangerously at risk with China actively decoupling from the US as well. I don't think people really understand the major changes happening around the world at the moment.

    • @rightsdontcomewithpermits7073
      @rightsdontcomewithpermits7073 7 หลายเดือนก่อน +11

      Yes let's take more from the future to build now. 😂😂 190 trillion of debt and liabilities is not enough. 😂

    • @Justmekpc
      @Justmekpc 7 หลายเดือนก่อน

      @@rightsdontcomewithpermits7073tell us you don’t understand how a fiat system works 😂😂

    • @rickjames18
      @rickjames18 7 หลายเดือนก่อน +51

      @@rightsdontcomewithpermits7073 So true, let's just keep depending on China as they literally prepare for war. Genius idea for the economy. US debt is high but let's not get silly.

    • @jamestalbot1647
      @jamestalbot1647 7 หลายเดือนก่อน

      So you aren’t impressed with Biden policies doubling within a year factory construction?

    • @chrisoffersen
      @chrisoffersen 7 หลายเดือนก่อน

      @@rightsdontcomewithpermits7073Thank you for illustrating this point.

  • @granthawkins88
    @granthawkins88 7 หลายเดือนก่อน +83

    What an odd framing. This is an absolute success story, and everyone involved is on their toes and adapting. Godspeed!

    • @nathanjustus6659
      @nathanjustus6659 6 หลายเดือนก่อน

      I would suspect that Mr. Bloomberg has significant investments in foreign companies, making cars in foreign nations. He is not a friend of the United States of America, nor of freedom and constitutional government.

    • @garybowler5946
      @garybowler5946 6 หลายเดือนก่อน

      I agree. Bloomberg media hates to see any government adjacent success story so they poop all over it.

    • @deaddocreallydeaddoc5244
      @deaddocreallydeaddoc5244 5 หลายเดือนก่อน

      The Biden Admin and the brilliant backers have not built one, single EV charging station. No plan for supplying the electricity demand has been undertaken. There isn't even copper in the world available to produce the number of cars required to meet the numbers required by the Global Warming requirements. This is a cart before the horse that will end with us all using nothing but horsecarts!

    • @christopherpearson8637
      @christopherpearson8637 4 หลายเดือนก่อน

      What's odd is your comment.

    • @steeldriver5338
      @steeldriver5338 3 หลายเดือนก่อน +1

      Not necessarily, no. I was born and raised in a rural area, rapid development isn't always a great experience. There can actually be numerous negative aspects of it.

  • @BatMan-oe2gh
    @BatMan-oe2gh 7 หลายเดือนก่อน +146

    Never ceases to amaze me that before Trump, these very people were complaining about jobs and loss of manufacturing. Now it's coming back they are all worried that it will grow their little town to much.

    • @ericeandco
      @ericeandco 7 หลายเดือนก่อน +23

      It not the growth, it’s the negative consequences.

    • @destroyer-tz2mk
      @destroyer-tz2mk 7 หลายเดือนก่อน +5

      I disagree, a housing shortage is a very real and serious concern. Where are all these thousands of new workers these jobs create are going to live?

    • @BatMan-oe2gh
      @BatMan-oe2gh 7 หลายเดือนก่อน +23

      @@destroyer-tz2mk As it said in the video, one town built apartments and hotels to cater for the workers while houses are built.
      Proper planning will address those issues and they are already looking at it before the plant is completed. Where do you think the workers building the plant are housed.

    • @TwilightMysts
      @TwilightMysts 7 หลายเดือนก่อน +5

      A valid point. I still think we need to bring at least some manufacturing back to the US. Or at least rebalance our trade with China. But I am one of those people who hadn't considered how putting a giant factory next to a small town could destroy the culture of the town.

    • @BatMan-oe2gh
      @BatMan-oe2gh 7 หลายเดือนก่อน +9

      @@TwilightMysts Small towns don't last forever. Eventually business and people move in because the land is cheaper. For the economy to keep moving, there has to be growth and sometimes it affects people and their lifestyle.

  • @nickns732
    @nickns732 6 หลายเดือนก่อน +8

    Companies: look at all this cheap land and low taxes!
    Also these companies: why is there no infrastructure to support my business!

  • @adamsterdam9049
    @adamsterdam9049 7 หลายเดือนก่อน +102

    build more dense housing ffs

    • @scottforrester5306
      @scottforrester5306 7 หลายเดือนก่อน +5

      It seems the issue is in part they just dont have the infastructure in the first place. Things like sewage capacity and water being the key ones, although I would assume the lacking of major roads and electricity production are also an issue.

    • @bwofficial1776
      @bwofficial1776 7 หลายเดือนก่อน +6

      Not everyone wants to live on top of their neighbors. Many people want their own four walls and a nice yard.

    • @shoopddawhooped
      @shoopddawhooped 7 หลายเดือนก่อน +13

      "But But But More Housing in my area drops my property-value Wahhhh" Quoted from the Boomers who control the City Hall.

    • @adamsterdam9049
      @adamsterdam9049 7 หลายเดือนก่อน +15

      @@bwofficial1776 Not everyone wants their own four walls and a nice yard. Many people want to live on top of their neighbor.

    • @DagaenGolomb
      @DagaenGolomb 7 หลายเดือนก่อน +7

      @@bwofficial1776 You can have your own 4 walls and a yard without being a fully detached on acres.

  • @emilealpha2392
    @emilealpha2392 7 หลายเดือนก่อน +38

    Seeing a small southern business be so welcoming by saying I gotta learn Korean was such a fresh breath of air. Were all human

  • @Sjalabais
    @Sjalabais 7 หลายเดือนก่อน +129

    Honestly, I trust Hyundai more to follow all relevant legislation than any of the formerly entrenched big three automakers. Savannah will be better off for it, and Hyundai/Kia lead the EV market currently, so the region will be at the forefront of a change that needs to happen.

    • @rightsdontcomewithpermits7073
      @rightsdontcomewithpermits7073 7 หลายเดือนก่อน +5

      😂Kia that could not even put a cheap simple immobilizer. 😂sure.

    • @miraphycs7377
      @miraphycs7377 7 หลายเดือนก่อน

      bruh hyundai hired child laborers

    • @tristanlong7
      @tristanlong7 7 หลายเดือนก่อน +2

      I don't think EV will be the future.
      On the brightside though. That factory will be able to produce ICE cars as well.
      So this is an absolute win for the future.
      I wish the big three would care more about Americans.

    • @JohnLee-db9zt
      @JohnLee-db9zt 5 หลายเดือนก่อน

      @@rightsdontcomewithpermits7073Numb nuts like you don’t even realize Kia fixed the problem. Car manufacturers especially American have done far worse.

    • @brunopadovani7347
      @brunopadovani7347 5 หลายเดือนก่อน +1

      ​@@tristanlong7I wish the Big Three AND the UAW cared more about Americans.

  • @RajSachdeva
    @RajSachdeva 7 หลายเดือนก่อน +243

    Don’t build single family homes. Build public transportation and urban centers to accommodate new workers. Or keep making mistakes

    • @bwofficial1776
      @bwofficial1776 7 หลายเดือนก่อน +34

      Not everyone wants to live in the city and ride the bus. Many people want their own four walls and a yard so their neighbors aren't all up in their business. Buses are less convenient than having your own car and you have to share space with strangers.

    • @analienfromouterspace
      @analienfromouterspace 7 หลายเดือนก่อน +9

      Horizontal apartment complexes is the way to go, look at Egypt for example, 3 beds, 2 bath apartment for 100k or less. I personally wont live in duplexes with zero sound insulation and rather own single family homes with minimal grass lot on it.

    • @DagaenGolomb
      @DagaenGolomb 7 หลายเดือนก่อน +48

      @@bwofficial1776 And those people can pay fair price for that choice. Instead of being subsidized like they are now. Also, buses and other transit (or walking, cycling, etc.) would not be as inconvenient if we had real investment in these modes, paired with the density and flexibility of urban areas.

    • @blainegabbertgabonemhofgoa6602
      @blainegabbertgabonemhofgoa6602 7 หลายเดือนก่อน +50

      @@bwofficial1776 can’t have your cake and eat it too. Everyone having their 1 acre lot and each household having 3 cars is not a scalable model. It’s not congruent with economic growth. When you pair that type of land use with economic growth you experience soul crushing traffic paired with insane housing costs.

    • @user-zp7jp1vk2i
      @user-zp7jp1vk2i 7 หลายเดือนก่อน +25

      @@bwofficial1776 the world has changed. you just ain't gonna give it up, are you? in fact, living in cities and taking the train is NORMAL and has been for 200 years now. it's the "Merican" consumer dream of regular wage people having a small castle. That time has gone.

  • @hazare535
    @hazare535 7 หลายเดือนก่อน +19

    Covid taught world not to depend on one country for everything 😂

    • @user-jz7ny1qc6j
      @user-jz7ny1qc6j 7 หลายเดือนก่อน +3

      Partly, for sure. It definitely stung, as a U.S. citizen, when you realize that you're buying masks from the country where COVID was first released into the wild 😂

    • @okaydude2863
      @okaydude2863 7 หลายเดือนก่อน +1

      Not just COVID

    • @doujinflip
      @doujinflip 4 หลายเดือนก่อน

      Efficiency and resilience are competing interests: "wasteful" redundancy and "uneconomical" alternatives immediately becomes vital when the one source gets disrupted.

  • @benkempf
    @benkempf 7 หลายเดือนก่อน +8

    There's no such thing as "government dollars." That's taxpayer money. Get it straight.

  • @renecomedy
    @renecomedy 7 หลายเดือนก่อน +18

    This is so exciting and educational! One often forgets about how much infrastructure needs to be built around industry! I hope those neighborhoods the best!!

  • @OrionsKelt
    @OrionsKelt 7 หลายเดือนก่อน +7

    People that deny progress because “nOt In MuH BaCk YaRd” were probably hall monitors in school.

    • @capitalismisdivisionofevil8322
      @capitalismisdivisionofevil8322 7 หลายเดือนก่อน +1

      Progress that is destructive and promotes greed and labor exploitation is criminal behavior/!

  • @cafer12098
    @cafer12098 7 หลายเดือนก่อน +110

    Hyundai is probably the only company that can take Tesla head on. They have the tech, the customers and the robots (Boston Dynamics) to build efficiently.

    • @yuxz339
      @yuxz339 7 หลายเดือนก่อน +18

      ever heard a company called BYD?😂

    • @tonnny7908
      @tonnny7908 7 หลายเดือนก่อน

      @@yuxz339 BYD is inferior to Hyundai in every possible way. Its domestic market is what boosted BYD's growth but it's already full no room to grow since China, although large population, doesn't have big market for EVs because of people's income compared to the US or other developed nations. BYD's growth mostly came from ones with LFP batteries, which is cheap but inferior. Plus Chinese cars are blocked from the US and EU. In Asia Japan and Korea have their own. So market for BYD is mostly limited to some Asian countries, Africa, and Eurasia. Chinese ban or boycott brands from other countries if it wants for no particular reason. Others can do the same...so keep dreaming.

    • @tonnny7908
      @tonnny7908 7 หลายเดือนก่อน +19

      @@yuxz339 Plus BYD has never been put to the test to the core. Many of BYDs in China exploded and its cars significantly drains energy depending on the whether condition. so Chinese has to beat Vietnamese cars first

    • @GeDiceMan
      @GeDiceMan 7 หลายเดือนก่อน +14

      a Korean company building in america and creating jobs in america.
      Americans need to give South Korea a huge thank you for that!

    • @rightsdontcomewithpermits7073
      @rightsdontcomewithpermits7073 7 หลายเดือนก่อน +2

      ​@@GeDiceManwhy thank you when they get subsidies from us?

  • @austincline5648
    @austincline5648 7 หลายเดือนก่อน +28

    The developers will finance and design water and sewer plants if they really want to be in a specific area. Towns just need to speak up and demand financial help. On the other hand it’s shocking how much money a county can find if it means they’ll get a new factory or worse a warehouse.

    • @JMiskovsky
      @JMiskovsky 6 หลายเดือนก่อน

      Finicial help for what? Beg me money for just allowing consttuction to happen?

    • @austincline5648
      @austincline5648 6 หลายเดือนก่อน +1

      Lots of times small communities and townships really don’t have a choice in development. Especially factory/warehouse development. Big brother county and state see it as a money maker therefore they push things through. Meant towns and communities suffer bad infrastructure. Lack sewer and water services and deal with the unsightly view. They are left cleaning up the mess while someone else benefits. Therefore they very desperately need money to do so . As a township worker I’ve watched this first hand. Local county state and schools hit the jackpot but towns and townships. The ones that fix and repair everything get the shaft.

  • @mattknappick799
    @mattknappick799 7 หลายเดือนก่อน +38

    Boomers shifted manufacturing overseas. Gen X and Millennials are bringing it back

    • @truth8422
      @truth8422 7 หลายเดือนก่อน +2

      Aren’t we in Gen Z already? That’s all I hear these days. Some are even saying Gen Alpha has already arrived 😢

    • @doujinflip
      @doujinflip 7 หลายเดือนก่อน +10

      Millennials are entering their prime productivity years now, increasingly executive positions too.

    • @rohitghoshal
      @rohitghoshal 7 หลายเดือนก่อน +12

      @@truth8422 Gen Z are people born after 1996. This generation has doesn't have any decision making power in corporate world yet.

    • @kevinansley7353
      @kevinansley7353 7 หลายเดือนก่อน +2

      Clown

    • @blackknight4996
      @blackknight4996 7 หลายเดือนก่อน +6

      Don't dream...when the subsidies end, your dream end at the same time.

  • @Debaucherousgeek
    @Debaucherousgeek 5 หลายเดือนก่อน +4

    Thank you President Biden. The most "America First" President we've had in a generation. Don't live there now but I am from Savannah and know these small towns surrounding her. These are goad jobs that pay an upper middle class salary.

    • @texaswunderkind
      @texaswunderkind 4 หลายเดือนก่อน +2

      I am surrounded on three sides by new infrastructure projects. A huge new highway flyover is going up in an area that was a terrible bottleneck during rush hour. Already new businesses are springing up all around it. The highway to the west was one of the most dangerous in Texas, and it is being expanded to a four-lane, divided road. Most of these projects have hike/bike trails included. Aging water mains are being replaced as well. All of the schools around here are conducting major refurbishment programs for aging roofs and HVAC systems. Imagine...building things in America instead of sending all of our dollars to China!

  • @michaelayeni177
    @michaelayeni177 7 หลายเดือนก่อน +166

    I never thought that conservatives become environmentalists as soon as thier lands (not just urban areas now) are augmented.

    • @user-yv4gg7jb2f
      @user-yv4gg7jb2f 7 หลายเดือนก่อน +1

      🤣🤣🤣 The funny part about is they say clean energy but build factory after factory for semi conductors 😀 makes no sense to me

    • @bwofficial1776
      @bwofficial1776 7 หลายเดือนก่อน +6

      Always have been. It's in the name, conservation. Just because you're moving forward doesn't mean you're making progress.

    • @hansolo8225
      @hansolo8225 7 หลายเดือนก่อน

      Conservatives don’t like change including a new factory moving to town.

    • @hrsmrt9292
      @hrsmrt9292 7 หลายเดือนก่อน +7

      It's about 'keeping up with the voters' strategy, and try to kept out any 'external elements' that could 'tampered' their party's regional polls, it's one of thing what they're fear the most.

    • @ianhomerpura8937
      @ianhomerpura8937 7 หลายเดือนก่อน

      ​@@user-yv4gg7jb2f semiconductor factories need a constant supply of water

  • @DistrustHumanz
    @DistrustHumanz 7 หลายเดือนก่อน +45

    Most Americans are ignorant of the fundamental necessity of water and sewer BEFORE building housing. The fact that they would build these houses prior to water and sewer solutions is mind-blowing.

    • @BatMan-oe2gh
      @BatMan-oe2gh 7 หลายเดือนก่อน +7

      It said in the video they were expanding the wastewater plant. And that can be recycled back into drinking water.

    • @rameshpudhucode6862
      @rameshpudhucode6862 7 หลายเดือนก่อน

      I didn’t know idiots who can’t comprehend are allowed to comment

    • @TonyTrunzo
      @TonyTrunzo 7 หลายเดือนก่อน

      Joe has a plan for you... THREADS

    • @seanthe100
      @seanthe100 6 หลายเดือนก่อน +5

      You're just as ignorant if you really believe this is the case. I've worked in site development water and sewer are literally the first thing being built. Nothing would be approved if the water infrastructure couldn't withstand it.

    • @Vincent_de_Paul
      @Vincent_de_Paul 4 หลายเดือนก่อน

      *Americans are ignorant!*
      Instant thumbs up without verifying the accuracy 😂

  • @guilhermetavares4705
    @guilhermetavares4705 7 หลายเดือนก่อน +17

    Factories are not the problem. The problem is the complete absence of public transport and the endless sprawl of the suburbs.

  • @timgiffard3524
    @timgiffard3524 7 หลายเดือนก่อน +4

    They can treat waste water on site and make it safer for sewage transport to the municipal plant.
    Most high impact industries in Missouri where I'm from get permitted by the state department of natural resources.
    Be supportive of your municipal district when they issue the effluent permit for Hyundai.
    That is one of the few yard sticks that keeps them environmentally responsible on the local level.

  • @Sam-tg4ii
    @Sam-tg4ii 5 หลายเดือนก่อน +3

    Industrialization's problems can be minimized with long term-oriented planning. But the net effect is massively positive. America needs to manufacture things again.

  • @trekuhl3966
    @trekuhl3966 7 หลายเดือนก่อน +5

    Warehouse’s are the new retail stores. Continue to shop on line and the need for warehouse’s will continue. Savannah is not the only town; Elizabethtown KY, Bowling Green KY, Stanton TN, Jeffersonville OH, New Albany OH and a plethora of other towns are all experiencing unprecedented growth due the multi-billion dollar spend on high technology industrial manufacturing. Most of these towns have no clue what’s coming with the influx of direct and indirect jobs they bring. The infrastructure necessary to support not just the facilities, the restaurants, churches, schools and other businesses to support is incredibly high as well. Then look at the current job market with unemployment hovering at 3.5%. Plus there are double the available open positions vs those openly looking for an opportunity. HUGE challenges are ahead.

    • @rhhrhejebag2774
      @rhhrhejebag2774 7 หลายเดือนก่อน

      These communities will take the easy way out, and sprawl into oblivion. Whenever these factories leave, they'll be left with vacant suburban lots that are nothing but burdens on the tax payers.

  • @user-dr2pg8fk2i
    @user-dr2pg8fk2i 7 หลายเดือนก่อน +23

    5:00 real estate agents are sales people. Let me say it again: REAL ESTATE AGENTS ARE SALES PEOPLE. They have one motive and it does not in any way benefit the people of these communities.

    • @pjacobsen1000
      @pjacobsen1000 7 หลายเดือนก่อน +5

      Doesn't the same apply for any person who sells things or services, including shop owners, restaurant owners, auto shop owners, lawn care workers, roofers, dentists? Just because their job is to sell doesn't mean they don't contribute to the local economy.

    • @TheeRedBaron
      @TheeRedBaron 7 หลายเดือนก่อน +1

      Real Estate agents deal in real estate and have better property knowledge than most people. The agent's statement on public water/sewer being an issue is right lol. Don't be so quick to hate.

    • @user-dr2pg8fk2i
      @user-dr2pg8fk2i 7 หลายเดือนก่อน +2

      @@TheeRedBaron They absolutely do not. Public water/sewer are urban planning issues, and the people profiting on rapid fire building and growth should have literally zero input on planning. That would be like a car salesman telling engineers how to design a motor.

    • @TheeRedBaron
      @TheeRedBaron 7 หลายเดือนก่อน +2

      Knowledge and planning are two different things. Local municipals have master water/ sewer plans , developers pay to tie into this if they have a new build. Agents having factual knowledge of the plan and up coming developments as its public record or industry news. People who sell have knowledge in their field.

    • @rhhrhejebag2774
      @rhhrhejebag2774 7 หลายเดือนก่อน

      Yes, but year after year these developments remain stagnant. Because someone is smart doesn't mean that they're going to use it to benefit a community that they don't even live in. It is proven that single family developed neighborhoods do not recoup the cost of a single lifetime of maintenance, there for becoming a burden on the community and tax payers for as long as it's there. These developments bankrupt cities in the long term.@@TheeRedBaron

  • @tonieplacide-oy4xx
    @tonieplacide-oy4xx 7 หลายเดือนก่อน +9

    Yes! bring the jobs back home

  • @sabercruiser.7053
    @sabercruiser.7053 7 หลายเดือนก่อน +8

    Great reporting 👍👍👏👏

  • @DaleBouwman
    @DaleBouwman 7 หลายเดือนก่อน +6

    In 25 years time, all these factories will close down amd they'll ship the work overseas again, and people will act like its a first time thing.

    • @venitocamelo6704
      @venitocamelo6704 4 หลายเดือนก่อน +1

      thats about 3 decades of prosperety , its better than nothing

    • @johnj.baranski6553
      @johnj.baranski6553 2 หลายเดือนก่อน

      How? Ships rely on fossel fuels to sail. There is zero innovation in the maritime industry, so when fossil fuels run out in 25 years, nothing will be shipped.

  • @melikechoc0
    @melikechoc0 7 หลายเดือนก่อน +5

    We need a more robust logistics system as well as a way to tackle the pollution that will inevitably come with factories.

  • @user-dm1bj7lw7v
    @user-dm1bj7lw7v 5 หลายเดือนก่อน

    Very informative. Thank you!

  • @scotsmanofnewengland7713
    @scotsmanofnewengland7713 6 หลายเดือนก่อน +7

    While traveling from New England to Florida last month I noticed a lot of construction going on with the building of massive warehouses. Some are still empty from years ago when I went down to Florida. The only ones making money are the concrete companies and the contractors.

  • @stevemcgowen
    @stevemcgowen 3 หลายเดือนก่อน +1

    Staffing factories is a big problem in the USA. Before I left America where I lived- NE, Ohio, factories closed because they couldn’t get enough workers.

  • @nickp1987
    @nickp1987 5 หลายเดือนก่อน +3

    Peter Zeihan: HEAVY BREATHING.

  • @latymz
    @latymz 6 หลายเดือนก่อน +2

    Same thing is happening where I live. Lots of warehouses going up in various areas. Time will tell if it’s a bust.

  • @craycray127
    @craycray127 7 หลายเดือนก่อน +3

    Should have never been allowed to move manufacturing away from unionized labor in the 70's.

  • @alvarotorres9057
    @alvarotorres9057 7 หลายเดือนก่อน +14

    I definitely have seen a lot of industrial activity in my city. Also, many of the factories in my town have hiring signs. Maybe I should check them out.

    • @bigpirate7513
      @bigpirate7513 7 หลายเดือนก่อน +2

      So​ glad

    • @TonyTrunzo
      @TonyTrunzo 7 หลายเดือนก่อน

      Joe has a plan for you... THREADS

  • @SoCalFreelance
    @SoCalFreelance 7 หลายเดือนก่อน +25

    Hypocritical to complain about Chinese EV subsidies when looking at this.

    • @Western_Decline
      @Western_Decline 7 หลายเดือนก่อน +18

      Hypocrisy is the core of US foreign policy

    • @shoopddawhooped
      @shoopddawhooped 7 หลายเดือนก่อน +3

      Literally how geopolitics works, think China is telling citizens how great US is? Lol

    • @doujinflip
      @doujinflip 7 หลายเดือนก่อน +2

      So you'd rather let the Chinese continue their dumping while we stop supporting our own industrial development?

    • @SoCalFreelance
      @SoCalFreelance 7 หลายเดือนก่อน +2

      @@doujinflip Where was your concern over the past 30 years as our middle class was eviscerated with jobs moving overseas?? Make no mistake, this is CORRECTIVE action addressing policy failure and elected official improprieties with corporate interests/money.

    • @donaldclifford5763
      @donaldclifford5763 6 หลายเดือนก่อน

      A race to the bottom.

  • @Dimaz42
    @Dimaz42 7 หลายเดือนก่อน +56

    I'm curious whether the products cost could compete with other countries with cheaper labors and materials? 🤔

    • @purpleWizard0
      @purpleWizard0 7 หลายเดือนก่อน +34

      Subsidies says yes.

    • @user-yv4gg7jb2f
      @user-yv4gg7jb2f 7 หลายเดือนก่อน +8

      depends on import taxation

    • @ronnieangeles
      @ronnieangeles 7 หลายเดือนก่อน +8

      Since the border is open, maybe.

    • @joshn2342323
      @joshn2342323 7 หลายเดือนก่อน +32

      Yes it is competitive because most large automakers are heavily automated. Many of these auto plants make hundreds of cars per day. The cost savings from making them domestically is worth the higher labor costs. Moving a car across the pacific on a ship is expensive.

    • @SensationsRim
      @SensationsRim 7 หลายเดือนก่อน

      Mexico is becoming the next manufacturing capital of the world. Costs are lower than China and it's nearby.

  • @blackpepper6091
    @blackpepper6091 4 หลายเดือนก่อน +2

    We need more manufacturing back in the USA... wait not next to me! People are always complaining about something.

  • @daffyduck4195
    @daffyduck4195 6 หลายเดือนก่อน +6

    Well, well, well. The prevailing narrative of the USA going downhill has been contradicted by a video revealing that US manufacturing has been doubling up, leaving me pleasantly surprised. There's also the VinFast plant in S.Carolina going up.

  • @peterclarke3020
    @peterclarke3020 7 หลายเดือนก่อน +3

    What about in the ‘Rust Belt’ areas - is there no plan to build any new industries there ?

    • @Szcza04
      @Szcza04 5 หลายเดือนก่อน +2

      It boggles my mind since there is already infrastructure there to support these places.

  • @user-ql4zu1ph3f
    @user-ql4zu1ph3f 5 หลายเดือนก่อน +1

    The price... 33 TRILLION. That's the price.

  • @user-kf9zu1gy7d
    @user-kf9zu1gy7d 6 หลายเดือนก่อน +2

    I believe this is called: not in my back yard.

  • @deendeon10
    @deendeon10 7 หลายเดือนก่อน +1

    Humans keep making mass transportation more complex, resource intensive, and convoluted.
    We all don't need vehicles for each individual.
    Ride your bicycle.

  • @davidshoemaker246
    @davidshoemaker246 4 หลายเดือนก่อน +1

    Sounds like it never would have happened without massive government subsidies. That means it is unsustainable. EV market is collapsing everywhere and will continue to do so.

  • @x12z12
    @x12z12 5 หลายเดือนก่อน

    They sound alot like West Point, GA where the Kia plant is located. There was big excitement about growth and housing which did not come like everybody thought it would. Things are starting to grow after 15 years but it is slow.

  • @JanSuerth
    @JanSuerth 7 หลายเดือนก่อน +1

    We want to be eco friendly but at the same time none of these factories even have a rail connection...

  • @mikemcconeghy4658
    @mikemcconeghy4658 5 หลายเดือนก่อน +2

    I hate that the government is paying these guys to build. When it doesn't turn a profit, only the taxpayers will lose out.

    • @texaswunderkind
      @texaswunderkind 4 หลายเดือนก่อน

      Manufacturers in Europe and Asia are heavily subsidized. It is the price of doing business. Trade agreements can address that, but Trump tore those up.

  • @maalat
    @maalat 6 หลายเดือนก่อน +1

    Build multiple level with easy access to transportation … buses, trains, etc. avoid 1 hour drive on freeways mentality. Instead of individual residential lots, build medium high rise condos and leave the rest to nature, forests, meadows, creeks, etc,

  • @DotADBX
    @DotADBX 4 หลายเดือนก่อน +2

    Small businesses should be worried about big franchise businesses that will ended up being brought in to help supply the construction industry (home depos/walmarts/costcos etc) while these businesses are great to have in your community they more often then not end up killing local businesses.
    I highly recommend any locals with kids look into buying property as soon as possible so their kids will be able to afford a home by the time they reach adulthood.

    • @Movingforward2000
      @Movingforward2000 4 หลายเดือนก่อน

      No one actually cares about local businesses. All that counts are the big players.

    • @DotADBX
      @DotADBX 4 หลายเดือนก่อน

      @Movingforward2000 you should care because small businesses is what drives the economy of the USA not large businesses, they also carry a large portion of the tax burden which most large companies typically don't because they find novel ideas to skirt paying taxes all the time.

    • @Movingforward2000
      @Movingforward2000 4 หลายเดือนก่อน

      @@DotADBX I dont live in the US so l dont care

  • @Novideos00
    @Novideos00 7 หลายเดือนก่อน +7

    All this development and the accompanying growing pains are necessary for a level of significant global decoupling to occur. This decoupling will bring countries to a more sustainable equilibrium and will allow for countries to compete in the global market with the products they produce. Hopefully this competition will have a positive effect on prices and give the global consumer and countries more choice🤔

    • @briankier2189
      @briankier2189 7 หลายเดือนก่อน +4

      Or they will have the opposite effect. Less choices and more authoritarian policies making everyone closer to serfs or slaves. I hope I am wrong but most likely I am right since the elites and corporations don’t want to share the wealth with the people who actually make it.

    • @user-jz7ny1qc6j
      @user-jz7ny1qc6j 7 หลายเดือนก่อน +1

      This is true, we're so heavily reliant on outsourced manufacturing, that it's almost difficult to comprehend the scale of transformation that we would need to do to relocate even a fraction of that manufacturing to the U.S.

  • @RobbieLancelot
    @RobbieLancelot 4 หลายเดือนก่อน +4

    Back in the days, factories would build houses for their workers, maybe something to consider today.

  • @VarkeyChinnadan
    @VarkeyChinnadan 7 หลายเดือนก่อน +2

    An admiration to Americans about financial burden taken up to combat climate change...

    • @user-jz7ny1qc6j
      @user-jz7ny1qc6j 7 หลายเดือนก่อน

      It won't matter at all lol, the U.S. is 3rd now in carbon emissions behind China and India. Those countries are not going to have the same scruples when it comes to "green energy," and since we all live on the same planet, it doesn't really matter which country the emissions come from, we're attached to everyone else lol

  • @lattehour
    @lattehour 7 หลายเดือนก่อน +1

    a 8500 direct employment leads to at least 30k additional jobs

  • @agalpar
    @agalpar 7 หลายเดือนก่อน +2

    Go and do the research in Pesquería Nuevo Leon of what is going to happen years later to this city. Kia the Hyundai's brother stablished a couple of years in Mexico and the factory truthly change the economy of this small city, even now is known as PesKorea.

  • @ARVINDYADAV-BHU_SOIL
    @ARVINDYADAV-BHU_SOIL 7 หลายเดือนก่อน +12

    As i am Indian happy with this movement, to china adversary US must increase domestic production.

    • @jmcasas17
      @jmcasas17 7 หลายเดือนก่อน +1

      Definitely I agree. China must not be trusted.

  • @dustinharris8057
    @dustinharris8057 7 หลายเดือนก่อน +5

    What happens when the factory shuts down and the corporation has taken all the profits and left the mess?

    • @jcall412
      @jcall412 7 หลายเดือนก่อน +6

      The rust built gives you an answer to that question, especially Youngstown, OH

  • @cmw3737
    @cmw3737 7 หลายเดือนก่อน +5

    "Whoever puts the electric cars on the road first wins". First mover advantage is a big deal when it sets standards that others have to follow. Tesla already did that with the charging infrastructure. Rushing to production isn't going to help a great deal.

  • @camadams9149
    @camadams9149 6 หลายเดือนก่อน +6

    "The Price of America’s New Factory Boom" We all learned the price of failing to do this during the pandemic. Turns out putting finance bros in charge of the economy was a mistake... who would have guessed

    • @ssuwandi3240
      @ssuwandi3240 4 หลายเดือนก่อน

      Jobama is FINANCE BTO?! 😂😂

  • @Joel-ew1zm
    @Joel-ew1zm 7 หลายเดือนก่อน

    Been through Pembroke a million times on the way to and from Fort Stewart

  • @mrspaceman2764
    @mrspaceman2764 7 หลายเดือนก่อน +6

    With South Korea, Japan and Taiwan's demographic issues, the only option that makes sense, is to build where the consumers are.... The US is the biggest consumer market on the planet!

  • @commercialelectrician133
    @commercialelectrician133 7 หลายเดือนก่อน

    Very interesting

  • @jctai100
    @jctai100 7 หลายเดือนก่อน +4

    It's kind of funny from a business standpoint. Do they ever expect to sell to other parts of the world?

    • @cinpeace353
      @cinpeace353 7 หลายเดือนก่อน +1

      It is build for US consumers.

    • @yummm8775
      @yummm8775 6 หลายเดือนก่อน

      Made in America for North American consumers (US and Canada). They save on car import taxes, shipping and regulatory hurdles. These companies are NOT going to spend billions if it doesn't benefit them financially - so nothing funny about it.

  • @carllelendt5452
    @carllelendt5452 6 หลายเดือนก่อน +1

    But you'll never hear of "America's Boom of High Quality Jobs." -Who needs that so long as we got a boom in factories..

  • @MrJackassz
    @MrJackassz 7 หลายเดือนก่อน +4

    It was always big business that ruined every city/town in the end destroying the landscape, leaving abandoned buildings like in Chicago and so on.

  • @mike-sk2li
    @mike-sk2li 7 หลายเดือนก่อน +2

    I drive a semi truck. Trust me their are almost no factory's being built. America is to expensive to manufacture anything! What is being built is warehouses.

  • @hardheadjarhead
    @hardheadjarhead 4 หลายเดือนก่อน +1

    Americans have been complaining for decades about how jobs have gone overseas. Now that America is re-shoring factories and employing Americans, people are complaining?
    They wanted jobs. Now they’ve got jobs. They’re seeing their property values go up. American businesses in the region are going to benefit. You’re going to see growth, construction.
    That manager of that taco joint needs to not worry about people speaking Korean. He needs to shave, clean up his act, go next-door, and apply for a job at that plant. He’ll make more money.
    And there won’t be a “Korean invasion“. They’re not coming over here to take our jobs. They don’t have enough people to build plants over there, because their birth rate and population is crashing. This is a win-win for America and South Korea.

  • @phoenix5054
    @phoenix5054 7 หลายเดือนก่อน +12

    Xi Jinping is the best job creating president the US has ever seen!

  • @lingth
    @lingth 5 หลายเดือนก่อน +2

    You want more "Made in America" so thats the price.

  • @vangelissotiropoulos7365
    @vangelissotiropoulos7365 7 หลายเดือนก่อน +5

    Sure, let’s clear a few million trees to start making some “green” cars 🚗

    • @pjacobsen1000
      @pjacobsen1000 7 หลายเดือนก่อน

      Great idea!

    • @miles5600
      @miles5600 7 หลายเดือนก่อน

      @@pjacobsen1000you gotta be kidding 😂

    • @miles5600
      @miles5600 7 หลายเดือนก่อน

      Cars are not sustainable and they never will.

    • @pjacobsen1000
      @pjacobsen1000 7 หลายเดือนก่อน

      @@miles5600 Yes, I'm kidding.

  • @peterdagnese453
    @peterdagnese453 6 หลายเดือนก่อน +1

    We need it.

  • @skoo00
    @skoo00 7 หลายเดือนก่อน +2

    The realtor should drive a Hyundai, not a Ford

  • @codexox1
    @codexox1 หลายเดือนก่อน

    Listen : America . we are in the right track on this strategy.

  • @MbisonBalrog
    @MbisonBalrog 4 หลายเดือนก่อน

    Once the demand drops then what they do with giant factories?

  • @roddizon2242
    @roddizon2242 7 หลายเดือนก่อน +15

    Thank You, Biden for all the Jobs you created, and bringing back the job in the US.

    • @ronniemassart3834
      @ronniemassart3834 7 หลายเดือนก่อน

      Sucker...........they are taking peoples land for starters

  • @flyingbanana4179
    @flyingbanana4179 7 หลายเดือนก่อน

    The same thing is happening on the i94 corridor between milwaukee and chicago

  • @davebrown5223
    @davebrown5223 หลายเดือนก่อน

    Spring Hill, TN in the late 80,s. GM put extensive wastewater treatment at the site. The only way that little area could survive.

  • @ppc7457
    @ppc7457 16 วันที่ผ่านมา +2

    make America great again !...

  • @jpsion
    @jpsion 4 หลายเดือนก่อน

    some footage were played backwards, no?

  • @FLORIDAHOODVLOGS
    @FLORIDAHOODVLOGS 7 หลายเดือนก่อน +1

    Koreans: lets bring jobs and growth to america
    Southern hicks: we wanna starve

  • @mayurireddy8196
    @mayurireddy8196 หลายเดือนก่อน

    Amazing US factory

  • @KazuhaCosmos
    @KazuhaCosmos 7 หลายเดือนก่อน +1

    U know what is the problem is that the American public transportation they only rely on car

  • @nathanjustus6659
    @nathanjustus6659 6 หลายเดือนก่อน +1

    Leave it to idiots…”we don’t need factories or jobs” while decrying thr loss of the middle class

  • @aerialbugsmasher
    @aerialbugsmasher 7 หลายเดือนก่อน +1

    Hard to feel any sympathy. These tiny towns all screamed PICK ME, PICK ME!!! surely giving huge concessions in taxes and regulatory oversight and knowing full well they couldn't handle the additional stress on the infrastructure. All in the name of lining the pockets of city/municipal county people while the rest of your average joes get fleeced as always.

  • @Clxkenem
    @Clxkenem 7 หลายเดือนก่อน +20

    thank you Korea

    • @Western_Decline
      @Western_Decline 7 หลายเดือนก่อน +2

      better start learning Korean or Chinese

    • @gold9994
      @gold9994 7 หลายเดือนก่อน +4

      @@Western_Decline *and
      two is better than one.

    • @santoshNarayana
      @santoshNarayana 7 หลายเดือนก่อน

      @@Western_Decline I guess I'm downloading the Duolingo app to learn Korean

  • @JoeMeng
    @JoeMeng 5 หลายเดือนก่อน +1

    Yes, but at what cost?

  • @qri3522
    @qri3522 5 หลายเดือนก่อน

    That Netflix documentary called "American Factory", is this what they were talking about?

  • @Seanmirrer
    @Seanmirrer 7 หลายเดือนก่อน +1

    It has been a tough few months, filled with hardships and struggles globally. From economic challenges, job losses, market volatility, conflicts in various regions, and financial difficulties, it feels like everything has been going wrong. How can I make ends meet during these tough times?

  • @jamesmitch9792
    @jamesmitch9792 7 หลายเดือนก่อน +7

    ok fine
    BIDEN 2024

  • @user-lt3lm6me9k
    @user-lt3lm6me9k 4 หลายเดือนก่อน

    Be interesting to see what this does to Brownsville/Jackson, TN when Blue Oval City is finished.

  • @maalat
    @maalat 6 หลายเดือนก่อน

    Warehouses are not factories. They are warehousing …. I think, finished products.

  • @crebbsjd
    @crebbsjd 7 หลายเดือนก่อน +4

    Small towns will try to hold back the development of future cities until all the old time residents move away or pass on in life. They will fight it until they can no more. It's a shame to have a mindset so small that you do not allow the future to happen. I live in a big city and have lived/worked in these environments for decades now. Growing up in a small town and moving on in life to the big times. I have seen this first hand. The cities I worked and lived in were all blended together town after town all around the cities. It is one way of doing things. Many issues in the on and off ramps, ways in and out of the towns, and the overall cramped and poor planned out towns have to change. It has to be re done and redesigned. I think American cities should be constructed differently from the way they have in the past. Better layouts with the roads and trucking coming in and out. Wider roads and built with the focus of building the roads better. All upgraded infrastructure includes plumbing, drainage, waste water treatment, and all kinds of upgrades, or it remains to small and old fashioned to grow. A lot of the times, the ways in and out of these small towns are not ready for the needed upgrades to make it better. Change can be exciting and scary. You will never know how exciting life can be if you choose to never try out something new and exciting. You have to be willing to make choices in your life to go places you never thought you could. Tons and tons of money will have to poor in along with the vote from all the residents to agree on the change. People will have to sell land and houses. More affordable homes must be built. Not everyone wants to live to close and some prefer the easy access to downtown areas. Better mix of nice luxury apartments, town homes, kit homes, traditional homes, existing home that need upgrades and fixed up. All of that along with everything a bigger town will require. Schools, grocery stores, shops, parks, you name it. They will need to be willing to grow bigger and into a new beautiful city. All pipe dreams if just one company builds a $8 Billion plant and nothing else changes around it. Plus, I end with the stubborn residents holding back progress. I know that mindset. I grew up around it in a small town. Its the "hey did you hear a big new plant is popping up on the edge of our town?" And everyone is like well we dont want that here. At that rate, you will not get any progress towards a better future. That's the thing I will say. Everyone has to find the excitement in their lives and be willing to change and willing to work and build this country into the future. The mindset has to be there, or nothing will ever change.

  • @yota4004
    @yota4004 7 หลายเดือนก่อน +3

    more EV's that won't sell.

  • @jamesmitch9792
    @jamesmitch9792 7 หลายเดือนก่อน +10

    remember when trump tried this with foxconn in Wisconsin?
    how did that worked?

    • @cinpeace353
      @cinpeace353 7 หลายเดือนก่อน

      Well, the subsidies shrinked. It is a different story. Now Biden is using bigger subsidies.

  • @Penny-ym1sg
    @Penny-ym1sg 3 หลายเดือนก่อน

    Factories are pouring into Mississippi. A lot of executives are moving here from the north to work. They love it. They build huge houses in the country and gated communities are sprouting up. They have lakes, fountains, and private golf courses.
    The industrial parks are in the country near rivers for shipping. They have stores, restaurants and regional airports! So there are factory workers, and highly paid executives.
    I think its great. They have their own little communities and dont interfere with the country culture. So far, there isnt traffic problems either because they have everything they need near their work.

  • @kyleb1984
    @kyleb1984 7 หลายเดือนก่อน

    Sk battery biggest plant is down here. They pay there workers $18 on a Continental swing 12-hour shifts. And then can't even keep the proverty people in there to work.