21–30 of 121 posts
It's not the business of the federal government to encourage or discourage investment in an industry. When it does subsidize investment, it often comes with strings attached that don't help the industry in the long run.
I don’t get the doom and gloom, isn’t this just taking us back to before the CHIPS act, 2022? Weren’t we fine then?
Even more comically evil. Like just why dude, this doesn’t help anyone except your oligarch buddies.
It's not the business of the federal government to encourage or discourage investment in an industry. When it does subsidize investment, it often comes with strings attached that don't help the industry in the long run.
Even more comically evil. Like just why dude, this doesn’t help anyone except your oligarch buddies.
I honestly don’t even see how this benefits them.
Fully expected, surprised it took this long. IIRC, the funds went to mostly red states. So MAGA people, happy your guy came through for you again ?
But yes. I remember when Americans used to care about politicians creating American jobs as a populist stance. Those days feel like decades ago now with people celebrating the literal slashing of government jobs (who surprise, is the biggest US employer).
It's not the business of the federal government to encourage or discourage investment in an industry. When it does subsidize investment, it often comes with strings attached that don't help the industry in the long run.
That has not ever been true in the history of governments. Even when John Smith's version of laissez-faire was at its most influential
I don’t get the doom and gloom, isn’t this just taking us back to before the CHIPS act, 2022? Weren’t we fine then?
So much for TSMC’s Arizona expansion and Intel’s foundry plans.
TSM has found few American workers willing to work as hard as Taiwan's, so likely no great loss for them.
>So likely no great loss for hem.
This I agree with. This whole tariff deal was supposed to encourage this exact behavior. Have more foreign companies setup on american soil so they can provide american jobs. So we arguably lose out a lot more on this action.