Comment by mullingitover
6 days ago
Also, isn't a ton of the IP from federally funded research just handed over to US corporations for free or pennies on the dollar?
Something tells me this is more of the current administration threatening to completely wreck US prosperity if they don't get wins on their bigoted social war agenda.
Absolutely. Everything in tech is hugely funded by tax payer money.
Modern semiconductor manufacturing is nearly all researched in partnership with federal funding. It's viewed as a national security issue.
The best theory I've heard so far is that Trump has this wild idea that if he can tank the US economy into a recession/depression then he can renegotiate our debt. He thinks this will save the US trillions of dollars. Except it'll cost the US trillions of dollars as well. I don't know if he's smart enough to think this up but it does kinda seem like what he's doing.
Honestly I think he’s just doing it for the reasons he has stated