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> I'm not sure if this was your intent, but it sounds like you're describing the world as it actually works. This was in fact my intent. I would just like to

> I'm not sure if this was your intent, but it sounds like you're describing the world as it actually works. This was in fact my intent. I would just like to highlight there are alternative ways besides grants to encourage Intel to open US based manufacturing. Ultimately it's the tax payer that is funding this grant, so it's important they feel like they are getting a good deal. I think it's also telling that Intel didn't invest the $8.5B themselves when they clearly had the cash just a few years ago.

s1artibartfast 3y ago
I'm curious what you think it is telling? What are the alternative incentives?
- gamepsys 3y ago
  1. It's telling because if Intel thought this was a good investment then they would have made it without the grants. The stock buybacks show they had the cash to do it recently. 2. Alternatives to giving grants: Tax credits, low interest loans, import duty, law, executive action, threaten anti-trust lawsuit, purchasing shares, leverage intelligence agencies, nationalize. The most straightforward way would be to extend the regulations around exporting critical technologies to make it unfeasible for new chips to be manufactured overseas. There's pros/cons for all choices.
  - s1artibartfast 3y ago
    Re 1,thanks for clarification. I wasn't sure if you thought it was a point contrary I. E. "something, something, greedy" Re 2, it's worth noting that the majority of Chips does come in the form of tax breaks and loans
  - BobbyTables2 3y ago
    Or Intel figured they could do stock buybacks with their own money knowing they could use someone else’s money for domestic manufacturing development? A multinational needn’t be concerned with the long term prospects of any one country… Oldest game in the book! Have you ever seen a consulting company tell a client, “you don’t have to pay us to do your R&D, we have enough money to do it ourselves!!!”

s1artibartfast 3y ago

I'm curious what you think it is telling? What are the alternative incentives?

gamepsys 3y ago
1. It's telling because if Intel thought this was a good investment then they would have made it without the grants. The stock buybacks show they had the cash to do it recently. 2. Alternatives to giving grants: Tax credits, low interest loans, import duty, law, executive action, threaten anti-trust lawsuit, purchasing shares, leverage intelligence agencies, nationalize. The most straightforward way would be to extend the regulations around exporting critical technologies to make it unfeasible for new chips to be manufactured overseas. There's pros/cons for all choices.
- s1artibartfast 3y ago
  Re 1,thanks for clarification. I wasn't sure if you thought it was a point contrary I. E. "something, something, greedy" Re 2, it's worth noting that the majority of Chips does come in the form of tax breaks and loans
- BobbyTables2 3y ago
  Or Intel figured they could do stock buybacks with their own money knowing they could use someone else’s money for domestic manufacturing development? A multinational needn’t be concerned with the long term prospects of any one country… Oldest game in the book! Have you ever seen a consulting company tell a client, “you don’t have to pay us to do your R&D, we have enough money to do it ourselves!!!”