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njovin | 6 months ago

I would love to see a list of commitments that corporations and foreign bodies have made to investment in the US, and how they've actually played out over time.

They made a similar commitment in 2018 [1] and 2021 [2], but I can't find any info about whether they actually followed through and whether the projected job numbers were accurate.

[1] https://www.cnbc.com/2018/01/17/apple-announces-350-billion-...

[2] https://abcnews.go.com/Technology/apple-announces-430-billio...

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lelandfe|6 months ago

A memorable one was Foxconn https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-b...

> Foxconn will reduce its planned investment to $672 million from $10 billion and cut the number of new jobs to 1,454 from 13,000

TheAlchemist|6 months ago

I think we all know the answer to that.

Funniest one is Masayoshi Son announcements, in 2016 - $50B for 50k jobs, and in 2024 - $100B for 100k jobs !

2016: https://www.cnbc.com/2016/12/06/trump-says-softbank-will-inv...

2024: https://www.cnbc.com/2024/12/16/softbank-ceo-to-announce-100...

Funny thing here is, that he doesn't even have that money. But who cares these days...

blitzar|6 months ago

You gotta pump those numbers up. Those are rookie numbers in this racket.

I myself, $1T for 100 million jobs.

unknown|6 months ago

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lokar|6 months ago

Does it matter? Even if nothing gets built both sides are getting what they want.

sgc|6 months ago

Yes, because the theater effectively deceives a large portion of the voting public. "Both sides" here are the least important players in the charade. It's everybody they are hosing I care about.

Copenjin|6 months ago

THIS. I think making promises and not actually delivering completely has been a very common strategy (not judging) for many companies for some time.