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It's as simple as this: If companies could manufacture chips profitably in America, they would be. American Laws & Regulations prohibit domestic semiconductor
by Drblessing 4y ago
It's as simple as this: If companies could manufacture chips profitably in America, they would be.
American Laws & Regulations prohibit domestic semiconductor manufacturing without Government subsidies.
- jszymborski 4y agoAnother way of looking at this is that under regulation of competing industries in other countries requires intervention (be it via tariff or subsidy). I think people here have argued the strengths/weaknesses of each approach. The best solution is likely some nuanced mix of the two, but nuanced policy is hard to create and I rather we eat the costs of any of the two approaches that are more likely to be adopted today rather than continue to take no action.