bonehead123Yea, go ahead, throw yet anutha GAZZILLION $$ at the folks who need it the least, taken from the folks who can least afford it...THE US TAXPAYERS !

Space LynxAmerica is falling into the same trap the Soviet Union did, fear spending until collapse happens.

JohHThe Soviet Union economy was a developed economy but focused on heavy industry and military equipment and never made the transition to consumer goods. The US economy is pretty much the opposite today. It is almost exclusively specialized in designing consumer goods. And even then most of the production is outsourced. The idea here is to prevent a 'strategic' industry from being entirely outsourced to East Asia where risk of conflict near Taiwan or in Korea is high.

Personally, I'm not confident a conflict will happen, but why expose the entire U.S. economy to additional risk when it only costs a few dozen billion to rebuild some capacity in the US.

Space Lynxalright, we will continue to spend 850 billion a year of tax money on military, and another half a trillion on defense stuff that has no transparency, while my grandma cuts her medicine in half cause she can't afford to refill it before the social security check arrives. fun times

and government isn't spending any of the current 50 billion chip money right anyway, it all still has to be diffused in malaysia or indonesia, its not a closed system, cause they are incompetent with how they spend our money time and time again

JohHThe federal government alone spent $1,750 billion on Medicare and Medicaid in 2022 alone. And there's another $564 billion in other programs (state and federal). But sure, $50 billion for chips is unreasonable; a bridge too far.

ThrashZoneThe irony of the same people that encouraged these trillion dollar companies to build products elsewhere now want tax payers to bribe them to come back

bonehead123Yea, go ahead, throw yet anutha GAZZILLION $$ at the folks who need it the least, taken from the folks who can least afford it...THE US TAXPAYERS !

Space Lynxalright, we will continue to spend 850 billion a year of tax money on military, and another half a trillion on defense stuff that has no transparency, while my grandma cuts her medicine in half cause she can't afford to refill it before the social security check arrives. fun times

and government isn't spending any of the current 50 billion chip money right anyway, it all still has to be diffused in malaysia or indonesia, its not a closed system, cause they are incompetent with how they spend our money time and time again

erockerJust odd that the US feels the need to socialize chip production of billion dollar companies but not healthcare and other basic needs.

R-T-B[Citation Needed]

ThrashZoneWhat half or three quarter a trillion ?

R-T-BI think you misunderstood. I'm trying to have you establish your claim period, not the numbers of it. Of course jobs moved overseas, it was cheaper there so like no duh. Now tie it to the government.

R-T-BSubsidies are normal all over the globe, not just in "socialist" countries. By comparison the US subsidies aren't even that big.

erockerSure!

erockerJust odd that the US feels the need to socialize chip production of billion dollar companies but not healthcare and other basic needs.

JohHSocial security is an earned right, they paid for it, but the total spending in 2022 was $1,370 billion. But what matters for medications is that the federal government alone spent $1,750 billion on Medicare and Medicaid in 2022. And there's another $564 billion in other programs (state and federal). But sure, $50 billion for chips is unreasonable; a bridge too far. We really need that money for extra Medicare.