3 ms·
If that's the case why did the heavily subsidized US solar firms that received DoE grants fail?
by joonix 13y ago
If that's the case why did the heavily subsidized US solar firms that received DoE grants fail?
- talmand 13y agoI think that those firms failing is an example of the intent of the comment. Just to be clear, I'm not agreeing as I feel that the State investing in the private economy can lead to good things if done responsibly. The problem is often that the people doing the investing have no idea of what they are investing in, which can lead to economic damages. Thankfully in these cases it just appears that we lost taxpayer dollars in those failings. Personally I feel that many of those firms, not all mind you, were simple pump-and-dump schemes that had no intentions of succeeding at anything.