Well the CHIPS Act was $50 billion. We've got another $50 billion. And another after that. And another after that. As necessary. See: Ukraine v Russia. $50 b

Well the CHIPS Act was $50 billion. We've got another $50 billion. And another after that. And another after that. As necessary. See: Ukraine v Russia. $50 billion ain't what it used to be (and Russia is an economic joke in scale compared to the US, we can shovel billions of dollars into that war endlessly). Its just that the US and China have gotten so massive compared to their former peers, that we can fund at a relative gigantic level quite easily. The US economy is now 50% larger than the EU economy, and six times larger than Japan. US GDP per capita is a shocking $80,000 - well over double that of both the EU and Japan (soon to be double that of France and Britain; or closing in on France and Britain combined to put it another way). $80,000 is equal to the combined GDP per capita of France + Japan. Things that are difficult for the EU to fund, like $50 billion for chips, are now comparatively easy for the US (or China) to fund. We're only funding the CHIPS Act because that sum is no longer a huge deal to the US. That's a little toy program that Biden was allowed to play with precisely because it's not that big of a deal financially. A medium deal would be $200-$300 billion (eg helping Ukraine defeat Russia across several years); a big deal is $500b-$1 trillion (infrastructure level). Germany's economy hasn't grown on an inflation adjusted basis in decades. The same is largely true of all of Europe's biggest economies. US GDP in 2008: $14.7 trillion. Now: $26.8 trillion. Germany GDP in 2008: $3.7 trillion. Now: $4.3 trillion. And that is a mirror of what has been going on in Europe broadly (with a few exceptions eg the Baltics and Ireland). Since 2008 the US has added economy equal to Germany + France + Britain + Italy. $50 billion would have been a big deal for the US, two decades ago.