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Reply to "CHIPS act is a disaster so far "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all. [/quote] You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.[/quote] Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?[/quote] +1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA! [/quote] You don't get it, do you? The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share. In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best." If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.[/quote] Look at the long term graphs. The economy under Trump was a continuation of what Obama started. Everything took a dip with COVID as Trump left office. Everything came back and more, because Biden's administration are adults who got the vaccines out, cleared the supply chain issues and generally have out performed every other country in the world. You claim Biden is incompetent, and yet, our economy is the envy of the world and far superior on a month by month, a quarterly and annual basis than Trump's administration. This goes for GDP growth, unemployment, job creation, you name it. Why are you lying about the economy under Trump as compared to Biden, or are you simply not aware of the facts?[/quote] Sorry, you're absolutely delusional. So be it -- let's come back in say 10 years and see what unparalleled success (your bet) or expensive failure (mine) comes out of this.[/quote] And you claim to be an economist? :) Just to be clear, you’re saying that investment in manufacturing and training is… bad. You’re an “economist” at something like the Heritage Foundation, aren’t you.[/quote]
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