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In terms of fairness to these companies, yeah. They're rich and it sucks to give them our tax dollars. But in terms of maintaining the competitiveness and secu
by lkbm 5y ago
In terms of fairness to these companies, yeah. They're rich and it sucks to give them our tax dollars.
But in terms of maintaining the competitiveness and security of the US, seems like they do.
As a rule, I don't care if giving someone money is fair. I care about whether it causes a general increase in the welfare of our society.
Even as a non-recipient of these subsidies, I might be better off if they existed if they reduce risk to the supply chain I'm downstream of as a consumer. If it's unfair to me but makes me better off, I'm not going to cry over the unfairness.
(Maybe tariffs on imported chips are a better solution, but I suspect that's more politically fraught, and solutions that work are better than solutions that don't.)
- pixelatedindex 5y ago> As a rule, I don't care if giving someone money is fair. Sure > I care about whether it causes a general increase in the welfare of our society. But by what metric do you measure that? There has been a tech boom in the last couple of decades but the inequality divide has been growing day by day.