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I have a hard time being scared that we're not going to be able to make enough weapon systems because we started making heat pumps. Industry isn't zero sum; inv
by jauntywundrkind 3y ago
I have a hard time being scared that we're not going to be able to make enough weapon systems because we started making heat pumps. Industry isn't zero sum; investment can create jobs. Even if that weren't the case, I still would not be quaking in my boots.
I agree there is a risk of favoritism. Still, I think the consumer benefit is worth the risk. Ideally in my view, the government can set some base standards like they do with EV batteries and tax credits. And over time they can raise the bar on requirements, on efficiency and reliability and install cost requirements.
Third, the money is coming from the Defense Spending Act, but it's not like companies have to be paid up gold star members of the defense industry consortium to play here. Defense Production Act. I think the GAO has a pretty good review of what happened with emergency Defense Production Act spending under COVID, and it doesn't give me fear at all that this is some crazy Military Industrial Congressional Complex boondogle. It makes me feel like mostly this stuff works fine & is well done, and agencies are tuning things responsibly. https://www.gao.gov/assets/gao-22-105380.pdf https://www.gao.gov/assets/gao-22-105380.pdf
This is $63m spending. Being afraid of this level of spending feels absurd to me. I cannot imagine being against some basic government investment in trying to do better in a key sector like this. I have faith we'll find and do great things with some of this money, and set a path that will keep yielding improvements in American's lives. I wish we weren't all so afraid of this shit.