>>513759363 (OP)
Biden gave away a bunch of money to Intel via the CHIPS act. Just gave it away. Trump is trying to ensure that the tax payer actually gets something out of it and it's not just the corporations getting to use government money as they please (because someone wrote a politician a check).
The thing about is, it's been called "fascism" or even "communism" but the whole point of corporations in the first place was that they were meant to be these short lived, public-private partnerships (like for some infrastructure project). The government is so under the thumb of said corporations that any kind of pushback is re-branded as an ist or ism to specific groups of useful idiots.
Even if you go back to something like the time of Lincoln, they understood the benefit of these types of public-private partnerships, like to build railway to connect the country.
These projects are only bad when you have incompetent people at the helm. You could argue that something like microprocessor production is in the national interest if it's tied to something like national defence (for air defence, drones, etc). What matters is how it's done. So some investment by government is fine if intel was actually doing something that is like a "moon shot" or trying to keep the US ahead and there is a plan in place that eventually the government will get a return. A plan to actually exit gracefully and sell the shares (on some schedule) after the goals have been achieved.
8/23/2025, 12:35:36 AM
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