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Imagine a power generation company run by Joe Biden with his white House staff vs Elon Musk with his Tesla staff. Which stock would you buy? I bet the Biden com
by blocked_again 5y ago
Imagine a power generation company run by Joe Biden with his white House staff vs Elon Musk with his Tesla staff. Which stock would you buy? I bet the Biden company will go bankrupt in a few years let alone go public.
- pphysch 5y agoModern career politicians like Joe Biden are cut from a completely different cloth than the leaders that actually built America's infrastructure in the mid-20th century.
- oneplane 5y agoDo you really believe they will be going out there, researching, designing, and implementing anything? They are policymakers and all their job entails is making choices. That's it. And when you are in a country and the options you present has a huge effect on that country, then the government's job is to represent the people in making the choice do either do it or not do it. Then there are the lifelong politicians, those are mostly useless and more comparable to entertainers in an endless gameshow. It's the result of decades of min-maxing and targeting the lowest common denominator.
- simion314 5y agoYou mean Elon companies that have received a ton of money from various governments? Without the government Elon would make cars for rich kids only.
- trixie_ 5y agoIf only the government had helped Boeing and Ford, they could be as successful as SpaceX and Tesla.
- simion314 5y agoFirst of all I said "goverments" so I don't meant he USA one n particular, Tesla made a lot of money from other goverments too. Second, the US government from my understanding is doing an pretty open bidding, so SpaceX benefited from that, the reason no SpaceX appeared before is not something I can speculate , maybe there was a need for a new generation of people , or maybe we needed IT to evolve, I am not sure. I also have no idea if SpaceX would ahve existed if they could not have benefited until now and from now on on government contracts. Also let's not pretend to forget that SpaceX internet stuff is based on government research/invention. No government no roads for Tesla to run on, no Internet for Starlink to exist.