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No, I answered you an hour ago. Where are you getting your information?

• FrankWilhoit 2y ago
  Customarily any sort of "stimulus" is disbursed immediately so that the multiplier effects can begin to be felt. Also, money went to the local high school where one of the fabs is being built, for some kind of "partnership". So I assumed that the money had been disbursed. If it has not, then I need to look up what the milestones are, because Intel keep fuzzing the schedule and the strategy for the in-progress fab up the road from me. Regardless, there is no way for them to staff it; it would have all had to be on H1-B and O1-A, but now no one will come even for those, as they see that they will be lynched for eating dogs.
  • dragonwriter 2y ago
    > Customarily any sort of "stimulus" is disbursed immediately so that the multiplier effects can begin to be felt. That's not particularly true of industrial and infrastructure funds (its true of broad consumer stimulus) even when they are part of broad fiscal stimulus laws, but, in any case, the CHIPS Act wasn't really a stimulus law, it was an industrial policy law; it wasn't about boosting short-term economic activity, it was about long-term competitiveness in a key area.
    • FrankWilhoit 2y ago
      That explains a few things. If Intel don't get paid until they finish the fab, then they have that incentive -- though no other -- to actually finish it, which they obviously don't want to do. And they have to do all the work on credit...no wonder they are whining their faces off. In any case it is too late for the US to have industrial policy. Maybe a lifetime ago, but not now.