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Direct 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 sor
by A_D_E_P_T 2y ago
Direct 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.