It really looks like you took a dollar amount from 1930 and started comparing it to 2024 money without adjusting for inflation.

No; https://en.wikipedia.org/wiki/Empire_State_Building says it cost $40M at the time, or $661M in 2023 dollars.

thanks for the clarification.

This isn't a serious comparison.

One project versus thousands in all fifty states?

7 in 50 states.

No; that's the number that've completed the entire process. More are in active planning, construction, etc.

In December it was 0 with the same $7.5B investment; https://www.politico.com/news/2023/12/05/congress-ev-charger...

I'm planning to be a bodybuilder. I've had many expensive lunches on the topic with the best consultants. So that's basically the same thing as getting ripped, even though in real life I can at best bench 50 pounds. The platonic ideal in our minds is all that matters in our unserious world.

If I'm a real estate developer, and I invest $100M on 300 homes in a new subdivision, at some point I'm probably gonna be $90M in with very few completed homes to show for it.

> probably

But presently people are actually homeless and you have spent the last 2 years mostly talking about homes and not really building anything.

You’re cash accounting a capital asset. That doesn’t work. It’s why we invented accrual accounting.

The same math would yield a fabulously profitable asset one year before it breaks.