| ▲ | smallmancontrov 16 hours ago | ||||||||||||||||||||||||||||||||||||||||
> same problem as the past administration Did you miss the Infrastructure act that spent $500B on roads, ports, and water projects? The CHIPS act that spent $50B on decoupling and R&D?! The Climate & Energy act ("IRA") that spent $400B on clean energy subsidies??!! I can understand the perspective of wanting more, but the forward-looking policies of the last administration were in a different galaxy compared to those of the current administration, where the big plan is to chop USAID, boost deportations, and cut capital gains tax. This is the difference between corn and the cob and corn in the toilet. No, it is not the same. | |||||||||||||||||||||||||||||||||||||||||
| ▲ | trollbridge 14 hours ago | parent | next [-] | ||||||||||||||||||||||||||||||||||||||||
I’ve met one person whose job was funded via the CHIPS act - she was a lawyer. I bet China’s first priority when building semiconductors isn’t hiring lawyers. | |||||||||||||||||||||||||||||||||||||||||
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| ▲ | terminalshort 14 hours ago | parent | prev [-] | ||||||||||||||||||||||||||||||||||||||||
The problem is that China could have built the same infrastructure for $100B and in 25% of the time. Pumping subsidies into our bloated bureaucratic nightmare of a system is only going to make the lawyers and bureaucrats who are its gatekeepers fatter. | |||||||||||||||||||||||||||||||||||||||||