Tuesday, August 2, 2022

The Mind-Blowing Stupidity Behind the $280 Billion 'Chips for America Act' .   

The opening paragraph of the “Chips Act” states that it “establishes investments and incentives to support U.S. semiconductor manufacturing, research and development, and supply chain security.” Government investment in preferred industries! Yeah, that worked real well with Solyndra, the Synthetic Fuels Corporation, the Clinch River Breeder Reactor and I could go on.

1 comment:

  1. Matthew WAugust 2, 2022 at 6:43 PM

    Always strange that when the Government (tax dollars) picks winners and loser, it's more losers than winners and the swap gets richer.

    ReplyDelete

Subscribe to: Post Comments (Atom)

A Clusterfuck, who could have predicted that.

New York’s Ammunition Background Check System: An Expensive Wreck?   The database requires detailed personal information about the purchase...