3 ms·
I think the playbook is easy, as you described multiple countries went through more or less the same process. The difficulty lies in political will and executi
by ferguess_k 2y ago
I think the playbook is easy, as you described multiple countries went through more or less the same process.
The difficulty lies in political will and execution. Either fails then the whole scheme fails.
- A_D_E_P_T 2y agoDirect government investment in new firms is politically complicated in the US, I think. Also, yeah, execution could be a problem. There'd need to be some sort of compliance mechanism to ensure that people don't just take the money and buy fancy cars. At the same time, it can't be too heavy-handed, or bureaucratic checks-and-balances will bog down the entire program and destroy any momentum it might have had.