Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

Post by [deleted] » Thu, Jul 28, 2022, 7:01 AM UTC

jobgh wrote: post #331

InvisibleCities wrote: post #269

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This has nothing do with people’s civic engagement levels, and everything to do with money. The semiconductor industry gets a massive subsidy because they spend tens of millions of dollars on lobbying - impoverished schoolchildren get left to starve because they don’t.

You honestly think tens of millions in lobbying efforts cause a tens of billions return on investment? Why is it so insanely cheap? Maybe our elected representatives simply agree that national security is a priority just like the people who voted them into office?

Post by mrep » Thu, Jul 28, 2022, 7:08 AM UTC

toolz wrote: post #304

californical wrote: post #228

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Poor children are still eligible? Nobody is going hungry

so many "think of the children" arguments without even addressing the fact that literally no one starves in the U.S. for lack of food availability (mental issues can and do lead to starvation though, unfortunately). I for one don't think the federal government should have anything to do with our school systems. That is not their expertise, not their domain and they don't need any temptations or distractions to use th…

Post by diordiderot » Thu, Jul 28, 2022, 7:46 AM UTC

andrekandre wrote: post #314

tootie wrote: post #287

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Here's my cynical take: This bill will subsidize a lot of jobs when we already have zero slack in our labor market. I think it's an excellent target for spending and would have a positive multiplier in normal times but in 2022 this seems likely to just goose inflation another inch. Unless we actually start seeing cyclical job losses finally hit right when this money starts being spent. Which is entirely possible.

any way to stop inflation without a needing job losses?

Post by chmod775 » Thu, Jul 28, 2022, 8:14 AM UTC

bejelentkezni wrote: post #180

mechagodzilla wrote: post #160

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There are basically only 3 close-to-cutting edge foundries left - Intel (American), Samsung (South Korean) and TSMC (Taiwanese), and TSMC is in the lead by quite a bit. We're getting extremely close to the end-game of moore's law, so the lifetime of a <7nm fab is likely to be long, and there are likely to only ever be a handful built because they are absurdly expensive (20+ Billion dollars), particularly if you can't…

Unless I'm mistaken, Micron and Texas Instruments have their own foundries as well.

Post by [deleted] » Thu, Jul 28, 2022, 8:29 AM UTC

jpdaigle wrote: post #279

mathattack wrote: post #191

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I’m all for healthy free lunches for poor kids. Is it really necessary to give free meals to all Palo Alto kids independent of financial status? https://www.paloaltoonline.com/news/2022/06/19/palo-alto-uni...

The Palo Alto school meals are by no means healthy. At least at my kindergartner’s school last year, nothing’s really prepared onsite, it’s mostly microwave-in-a-bag fast food (factory made burritos, pizza, 2-ingredient sandwiches). Often this would come with a side of fruit (canned and sweetened) and crackers. My kid would always bring a lunch from home but often return with it uneaten, because when you pit healthy…