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A more cynical stance is to assume the 250 billions will go to contractors who will outsource the actual R&D to China in return for useless "IP rights" that the
by akomtu 5y ago
A more cynical stance is to assume the 250 billions will go to contractors who will outsource the actual R&D to China in return for useless "IP rights" that they'll use to sue each other.
It seems, the "grumpy cat of the day" hat belongs to me now.
- whatshisface 5y agoDo you know of any stories of that happening in the past? (not that I find it hard to believe, just that examples that are hard not to believe are better than suggestions that aren't hard to believe.)
- sohei 5y agoThe solar subsidies in the 2009 American Recovery and Reinvestment Act are regarded as a failure by partisans in both parties. I think the US is beyond fixing at this point. This $250bn is going to end up in Teslas, yachts, and Florida beach houses. https://www.nytimes.com/2020/10/19/upshot/biden-stimulus.html https://www.nytimes.com/2020/10/19/upshot/biden-stimulus.htm...
- mnouquet 5y agoSame happened in France. Public money goes to French companies which then subcontract to China, manufacture there, to import the final product in France.