After Congress passed $52 billion CHIPS subsidy:
-Micron, which had said it would invest $40b in the U.S. this decade, announced it will cut capital spending
-Intel cut its capital spending plans by $4b, but predicts a “growing dividend” for shareholders
Having a stable party structure like the USSR and PRC do seems like an enormous strategic advantage. They can actually make plans and carry them out over the course of decades while the US lurches from one profit-chasing scheme to another amid constant, wild changes in government policy.
Naw man. Clearly handing out govt funds to private corps that than use it to pay their investors is by far the smartest model out there