One thing that's interesting about the New Deal era is that the federal government did a bunch of things directly, instead of trying to incentivize private comp

One thing that's interesting about the New Deal era is that the federal government did a bunch of things directly, instead of trying to incentivize private companies to do things through fiscal policy. A very FDR take on the current issue might be to create a new Department of Semiconductor Fabrication and start building federally owned fabs. I assume Intel would not be as excited about that plan. (I also don't expect it to happen.)