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  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    hexagon
    M
    ·
    2 months ago

    The CHIPS acts was an unworkable idea from the very start, and everybody with even a minimal clue about how the chip industry operates understood this https://compactmag.com/article/fighting-a-chip-war-on-the-cheap

    • AernaLingus [any]
      ·
      2 months ago

      David P. Goldman is deputy editor of Asia Times and a fellow of the Claremont Institute’s Center for the American Way of Life.

      What a fash-coded name for a think tank. Might as well call it the Center for Securing the Existence of Our People and a Future for White Children.

    • anachronist@midwest.social
      ·
      2 months ago

      That article mostly seems to be arguing that the CHIPS act giveaway is too small. Maybe it is, but the fundamental problem is that our largest corporations are being run by traitorous, globalist wreckers who will undermine our national economy by taking the money and using it to accelerate offshoring. If Chinese CEOs tried to pull this stuff they'd end up in reeducation camps.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
        hexagon
        M
        ·
        2 months ago

        I very much agree, the fundamental problem in the west is that capital stands above the government, and capitalists have no allegiance to any nation.