←back to thread

607 points givemeethekeys | 3 comments | | HN request time: 0s | source
Show context
bilsbie ◴[] No.44990232[source]
This sounds bad. Can someone steelman this for me so I can understand the good?
replies(2): >>44990360 #>>44990526 #
edot ◴[] No.44990360[source]
If you’re going to give taxpayer money to a for-profit company, taxpayers should receive a share of the company in return. I generally don’t like 90% of the policies we’ve got going on right now, but I actually feel okay about this one.
replies(4): >>44990484 #>>44990558 #>>44990761 #>>44991120 #
1. coldpie ◴[] No.44991120[source]
Doesn't this create an incentive for the US Gov't to boost Intel and harm their competitors? That seems not great to me from a competition & healthy markets standpoint.
replies(2): >>44991265 #>>44991410 #
2. scarface_74 ◴[] No.44991265[source]
What competitors?
3. tobias3 ◴[] No.44991410[source]
The problem is more severe. Previously the US government was passing laws (such as the CHIPS act) and then enforcing/executing them.

Now it is just doing whatever it wants.

This is only good for a very small sub-set of people, everyone else is worse off.