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At the very least it’s several hundred billion dollars worth of real. We’ll have to see if the policy sustains itself or not.
by edgyquant 3y ago
At the very least it’s several hundred billion dollars worth of real. We’ll have to see if the policy sustains itself or not.
- hospitalJail 3y agoDoes that include the several hundred billion dollars from CHIPS act? That was a sad moment last year, I am extremely concerned we Zombified our tech sector.
- cezart 3y agoCan you please elaborate what the issues are, and what do you mean by Zombified?
- Mouthfeel 3y ago[dead]
- v8xi 3y agoI've seen this argument elsewhere so I think I know what he means. Basically the idea is you throw money around too easily and companies that would otherwise die (due to poor management/inability to compete) stay around. Too much subsidy yields poor incentive to compete yields fewer breakthroughs and slower technological progress.