US Business Investment is Surging at the Fastest Pace Since 1997 – Treasury Sec. Scott Bessent

US Business Investment is Surging at the Fastest Pace Since 1997 – Treasury Sec. Scott Bessent 

https://www.windtaskforce.org/profiles/blogs/us-business-investment...

By Jim Hoft  

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Treasury Secretary Scott Bessent cheers the news that Trump’s economic plan is working.

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Treasury Secretary Scott Bessent joined Maria Bartiromo on Mornings with Maria this week.

Bessent broke the news that President Trump’s pro-growth policies are driving a major CapEx comeback.

According to Investopedia, CapEx, or capital expenditures, refers to the money a company uses to acquire, upgrade, or maintain physical assets. CapEx investments are essential for a business’s growth.

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Thanks to President Trump, business investment is surging in the United States at the fastest pace since 1997!

Scott Bessent cheered the news on Mornings with Maria:

Treasury Secretary Bessent:  Maria, this is a combination. It’s the tariff’s bringing back manufacturing to the US. It’s the full expensing in the One Big, Beautiful Bill, which I think is one of the most important things that we did.

Companies can do 100% expensing for equipment, 100% expensing for factories. If you bring your factory back here. I think we had big pent-up demand.

We are in the middle of this incredible AI boom that I don’t know whether you want to say this is the third, fourth, fifth industrial revolution. We’re seeing the hyperscaler spend like we never have before.

I think what’s really gone unheralded here is the Trump administration’s emphasis on deregulation. We are making it possible to build things in America again. For years, if you wanted to build a factory, a pipeline, a transmission grid, you were held up by permitting. President Trump has given, whether it’s EPA, the Energy Interior, a mandate that these permits should get out within a month. So America is building things again.

I tell you, this is the way that countries get rich and stay rich is through long-term investment and productivity.

It is remarkable what President Trump, Secretary Bessent, and his team have accomplished in just six months in office!

According to Secretary Bessent, business equipment production jumped 11% in the second quarter after a huge 23% gain in quarter one. This is the strongest back-to-back growth since 1997!

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Comment by Thinklike A. Mountain 7 hours ago

Tulsi Gabbard on Why the Fake News Media Is Still Lying About the Democrat-Led Russia Hoax
https://rumble.com/v6wnj3u-tulsi-gabbard-on-why-the-fake-news-media...

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

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(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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