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A comment on the US climate law is fueling a factory frenzy. Here’s the latest tally. Parent comment

Re:the US climate law is fueling a factory frenzy. Here’s th... by rossdavidh on Thursday August 17, 2023 @09:32AM (#37161295)
Yeah, I am a protectionist, for sure. Especially for industries like power generation or semiconductors that impact many other industries, and especially if the nation is in danger of losing that industry entirely, such that the skills necessary to compete in it in the future can be lost.
[ Parent | on HN ]
Re:the US climate law is fueling a factory frenzy. Here’s th... by westurner on Friday August 18, 2023 @12:28AM (#37171406)
Is it ever shown that the net effect of subsidy is preferable to competing at international prices?

"Can’t build a decent car, can’t make a TV set or a VCR worth a f, got no steel industry left, can’t educate our young people, can’t get health care to our old people, but we can [... war euphemism]" -- George Carlin (1992)

Have subsidies saved comparably inefficient [domestic manufacturing] markets, or have trade protectionist subsidies resulted in net unintended consequences when the externalities of "all you peoples' special deals" are accounted for?

Are information services and financial services a viable strategy for long-term growth in GDP?

[ Parent | on HN ]