Intel made ~55 billion last year. Maybe they don't really need corporate welfare.
Intel made ~55 billion last year. Maybe they don't really need corporate welfare.
"We need slavery - our economy will fall apart without it!"
"We need Standard Oil and US Steel - splitting them apart would be a catastrophe!"
"We need universal healthcare - a public option would place undue burden on insurance companies!"
"We need Boeing - our foreign competitors would eat us up otherwise!"
At some point, it's time to admit that the long-term pain is not worth the short-term benefits we get from naive economic policies.
2 - comparing a minor economic investment ($8B on a $23T gdp) to slavery, and the economic system built on slavery, is the stupidest thing I've read this week, so, well, congrats. I guess?
3 - not a naive economic policy; US government investment built silicon valley and that's going ok.