Re:The US is building factories at a wildly fast rate
by monero-xmr on Thursday June 08, 2023 @04:28PM
(#36248448)
Of course. But maybe the government shouldn’t be picking winners and losers, and gambling with my tax dollars.
Re:The US is building factories at a wildly fast rate
by germinalphrase on Thursday June 08, 2023 @06:07PM
(#36249894)
Silicon Valley was built on government investment.
Re:The US is building factories at a wildly fast rate
by patmorgan23 on Thursday June 08, 2023 @06:51PM
(#36250354)
Wasn't solyndra given a loan that requires repayment? Government funded grants, loans and research are reasonable for developing damn near all of our fundamental tech. The internet has it's origins as ARPANET to connect universities/military installations.
Re:The US is building factories at a wildly fast rate
by epistasis on Thursday June 08, 2023 @07:34PM
(#36250868)
The government wasn't picking winners and losers, anymore than VCs or banks pick winners and losers. It was loans for well proven tech development, and has a fantastic track record for financial success.
Re:The US is building factories at a wildly fast rate
by monero-xmr on Thursday June 08, 2023 @11:44PM
(#36252850)
Certainly you can see the difference between VCs and banks deciding where to invest, and the government which allocates tax dollars?
The tech reason was that they had a way to make thin film panels which was super promising for driving down costs due to a silicon shortage. But then Diamond based silicon tech emerged, eliminating the silicon shortage and reducing input materials, which outcompeted thin film on price.
Such is the way of innovation. Looking only at subsidies gives you a false picture.