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

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.