R&D expensing benefits a much broader set of companies — the Magnificent Seven tech companies, healthcare companies, and industrials/materials — while factory-building incentives could produce 'ghost factories' that employ no one, but the economy still benefits from riding the construction wave while they are being built.
causalpending
Speaker
Dan CliftonEvidence Quote
“we may end up with a whole bunch of ghost factories where nobody works in them, but they're going to build them and we're going to ride that wave while they're building them”
Source
Big Beautiful Bill, Write-Off Revolution & Tariff Tempest — The Friday Market Wrap!— Steve EismanCreated: 6/18/2026, 2:31:55 PM
My Notes
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