Comment by alephnerd
1 day ago
And fundamentally, I believe that any industrial stimulus should come with a mixture of government ownership as well as claw-back provisions should interests contravene national security.
Edit: cannot reply to you.
This deal literally comes with claw-back provisions.
and does any of that seem to have anything to do with the current deal, or align with current legislation?
Or is it just a transparent shakedown?
The current deal comes with claw-back provisions, but I am more interested in the precedent it sets.
This plus the CHIPS+IRA has now set the precedent for states and the federal government to build an SDF. I don't trust this administration aside from a couple staffers, but this allows us in a post-Trump era to build SDFs and return to the industrial policy norms we had in the US before the 1980s with Reaganomics.
CHIPS and IRA themselves were able to be pushed by the Biden admin becuase Trump 1 set the precedent to ignore traditional norms.