Why couldn't micro-chip companies invest their own money? We subsidize multi-billion dollar companies on a regular basis, while refusing to help those asking for simply the minimum requirements of a dignified life.
Warren Gunnels @GunnelsWarren
17 Aug 2022
The CHIPS Act actually provided a $76 billion blank check to micro-chip companies including a $24 billion tax break. For $76 billion we could expand Medicare to cover hearing and vision care - or what corporate shills in both parties now want you to believe are "magical unicorns"

Aug 17, 2022 · 4:22 PM UTC

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Replying to @marwilliamson
Spending one’s own money, in hopes of profiting, is Very UNAMERICAN
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Replying to @marwilliamson
from this I can totally tell you do not understand the semiconductor industry. do you realize they did all their funding themselves in Taiwan. you have no clue of what you're talking about. almost a trillion dollars of infrastructure are in Taiwan. It's called a contingency plan.
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Replying to @marwilliamson
Agree!
Replying to @marwilliamson
Because people like Nancy Pelosi and her extended family all have stock investments in play.
Replying to @marwilliamson
Guess we know why we escalated things with china: so pelosi can cash in.
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Replying to @marwilliamson
You know why will you run again and offer to fix this stuff
Replying to @marwilliamson
I just wanted some guarantees in exchange for our money.
Replying to @marwilliamson
Only way to compete with non-market economies and state capitalism is through corporate welfare, apparently.
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Replying to @marwilliamson
Because other countries offer 50%-70% subsidies on building modern chip fabs. That's why there are none in the US - if the major chip companies invested here, they wouldn't be able to compete, price-wise. This puts us on even footing with those other countries.
Replying to @marwilliamson
The absurdity of our spending shows our real dedication to human life
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