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This should be a management problem - why is it a government problem? Basically you are saying that your capital structure incentivizes managers to value short
by sfifs 8y ago
This should be a management problem - why is it a government problem? Basically you are saying that your capital structure incentivizes managers to value short term gain over long term costs and so you would like to short circuit that with government intervention. However, when a government intervenes, it will never really leave you alone :-)
- 40acres 8y agoI'm concerned that a company like Intel, makers of some of the most valuable IP in the world, decided to invest in a foreign country instead of it's own when a company like Amazon -- which has great IP but don't get me wrong the Chinese have an equivalent (Alibaba) was able to scoop up prime real estate in NYC and DC. Now Intel has a lot manufacturing based in the US, like I said Congress passed a law to make that happen. But have we looked into why we're allowing Foxconn to get tax breaks to build in "heartland" America but not Intel? An iconic American name?
- dillondoyle 8y agoI'm sure Intel could/does get tax subsidies for land/building. But I don't think that's major the driver of cost for what we're talking about here. It's cost of skilled & specialized labor, and externality costs of supply chain availability.
- warrenm 8y agoSo you think Intel should've setup shop in NYC or DC?