TSMC looks to double down on U.S. chip factories as talks in Europe falter

You guys ever wonder why they don't choose California? These factories have huge environmental impacts that California is not okay with. These factories produce massive amounts of waste that cannot be recycled. This is also very likely to be the same exact reason as to why these talks didn't go so well in Europe.

Arizona like Texas is more business friendly at the expense of not looking out for the well being of people who live in these locations. Ironically, right now by being more business friendly more people want to move to places like Arizona or Texas for jobs.

It's a strange balancing act that has a lot of potential for being over corrected for. Industry brings business and economic growth but ruins the environment and has harms the people living in the area. The insidious thing is environmental costs are paid for much much later.

The consequences of being way to business friendly in these places may only be apparent a decade from now just like how the price of being too business unfriendly is now very apparent in California.

If Texas is so bad then why are so many Californians moving here? It's not because they were unemployed in California.

Let me make it clear. I never said Texas is bad. The other guy who replied to me thought I was saying California was bad. I'm giving an unbiased view. Both are bad, and both are good at the same time.

I'm saying the pros and cons are not clear. California laws favor the people at the expense of business. So business leaves and people follow. Texas favors business at the expense of the people.

Businesses chase profit at expense of the people, however profit is paid for from people themselves so usually when businesses harm people it's insidious and subtle and doesn't become apparent until years later. Big Tobacco, Big Pharma and the whole pain killer scandal are primary examples. The harm these companies did to people were not apparent until much much later.

What will happen in Texas is that the harm done to people by unregulated businesses will not be apparent until many years later. At that time regulations will slowly build up as people protest and demand the government to protect the people. This is what happened in California.... history repeating itself.

It might take a decade or your entire lifetime for this change to occur and become fully realized. Meanwhile people will be harmed while California becomes more and more like Michigan.