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Government subsidies protecting industries rarely pay off in a peaceful world to the entire country. I personally get nothing out of Chevron getting tax breaks.
by azinman2 6y ago
Government subsidies protecting industries rarely pay off in a peaceful world to the entire country. I personally get nothing out of Chevron getting tax breaks. However, if those incentives meant supply was harder to disrupt, and in a war time the country has better access to fuel, then it does seem like a worthwhile trade off.
In this case, the risk is that China literally takes over (one way or another) the vast majority of supply of semiconductors to specifically harm western companies (or countries in a war setting). In that scenario, are you still worried about unequal kick backs or are you happy that the nation has access to the chips it needs for industry and defense?
- coliveira 6y agoThe ones who should be very worried and willing to pay for this "protection" are exactly the huge companies that have a lot in stake. It is completely absurd that they still want to reach for the taxpayer to pay for protecting their monopolies.
- esyir 6y agoThe country too has a stake here, and one that's perhaps even larger.
- Dah00n 6y agoIn a war scenario with China it doesn't matter since no chips produced under the war will be used.
- WillPostForFood 6y agoThe risk isn’t war between China and the US, but China and Taiwan, which China has 100% chance of winning. That then makes the the US extremely dependent on China for semiconductor supply.
- _-david-_ 6y agoChina only has 100% chance of winning in a war with Taiwan if the west and allies do not join.
- smithza 6y agoFrom some commentaries I read, China has a near 100% chance of winning in war with Taiwan even if US and allies join. This is mostly to do with mainland China's relative proximity to Taiwan and the few relative number of air bases US has on Japan and how far away Hawaii is.
- _-david-_ 6y agoWars are not single battles. If China were to attack (and capture) Taiwan the war would not just be over. The West could attack mainland China and attempt to retake Taiwan.
- voidfunc 6y agoAttacking mainland China seems like a great way to end up in a very bad Nuclear conflict.
- Arrath 6y agoChina declared decades ago that they follow a No First Use policy in regards to nuclear weapons. Of course, whether that holds true if boots land on their soil, who knows.
- chii 6y agodeclarations are pointless, but the US is unlikely to put boots on land in china. The last Korean war, the US decided not to do it (invade into chinese territory), and china was much weaker back then.
- christkv 6y ago