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Comment by tancop | Hacker News Reader

selectively giving away free money to big business is straight corruption. there is no other way to put it. everyone involved should lose re election and get investigated by the financial crimes unit.

but i dont think "leave it up to the market" is a better idea. investments like this just need to be transparent, open to everyone and set up strict punishment for stealing the money with prison for executives.

if they wanted to actually create jobs they would support small companies and set up open competitive programs based on project quality. or start a state investment bank giving super low interest loans so factories can expand without cutting profitable divisions like in china.

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One idea I like is directly funding apprenticeship. It pays for job training and classroom instruction on a per-individual basis. The jobs are in long-term career sectors like advanced manufacturing, shipbuilding, aviation, healthcare, and technology.

Here's one example: https://www.dol.gov/newsroom/releases/osec/osec20250923

In Georgia, the employer is reimbursed $2,500 when an apprentice starts and up to $10,000 when they finish. They can also get up to 75% of the apprentice's hourly wage covered during their initial on-the-job training.

You mean what companies used to do before we decided to import cheap labor instead?

> One idea I like is directly funding apprenticeship. It pays for job training and classroom instruction on a per-individual basis. The jobs are in long-term career sectors like advanced manufacturing, shipbuilding, aviation, healthcare, and technology.

This is basically what grad school does too. I'm into funding education further any day of the week. For higher education, I'd only add a string attached like "must practice trade in state that funded you if job is available for x years or must pay back funding pro rated".

> open competitive programs based on project quality

This will never, ever happen. There will always be bonus points available, even if they're awarded to "conservative"-leaning feel-good attributes like veteran-owned sponsor businesses.

These investments are likely to always fail at their declared purpose. Better to put the money towards free childcare and maybe trying to convince parents to read to their kids.

> There will always be bonus points available, even if they're awarded to "conservative"-leaning feel-good attributes like veteran-owned sponsor businesses.

Why are you singling out "conservative" causes?

The government should limit innovation and direct resources to proven ROI spending such as free daycare, nutrition, and public infrastructure

It's straight corruption, no matter of big or small business. It should have been randomized blind selection of business who have existed for more than a year, and the granted money pays for new employees' taxes. Blind selection takes out the path to corruption (not who you know to get the fund). Randomized to be fair. Government is bad at picking winners or losers anyway. Business more than a year to screen out frauds. Granted money for new employees' taxes to encourage hiring new employees. Paying the taxes only so that the money can be spread out to more people.

Or —- hear me out —- create laws and tax policies compatible with growth, and apply them equally to everyone.

> everyone involved should lose re election and get investigated by the financial crimes unit

The flawed assumption here is assuming elections are an exception to every other democratic process riddled with corruption and are operated fair and square, in general.

> selectively giving away free money to big business is straight corruption

Liberals in canada call that 'making housing affordable', https://www.cbc.ca/news/canada/british-columbia/prime-minist...

It feels that in Canada business is impossible unless it's directly funded by the government.

They're always handed out as political favors or lotteries at best. How is a lottery sustainable or scalable? These solutions do not work. It's at best virtue signaling and at worst corruption (as OP says).

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