@TinModM to Antitrust • 10 months agoIntel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?www.commondreams.orgexternal-linkmessage-square11arrow-up1133arrow-down12
arrow-up1131arrow-down1external-linkIntel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?www.commondreams.org@TinModM to Antitrust • 10 months agomessage-square11
minus-squarePennomilinkEnglish17•10 months agoBecause the government wants to incentivize building more manufacturing domestically instead of internationally. This is how things work.
minus-square@gibmiserlink13•10 months agoSo make it a legal requirement that devices sold in the US have chips made locally or have an added tariff. It’s not hard to figure out alternative solutions, they just don’t want to use them because… You know.
minus-squarePennomilinkEnglish1•10 months agoSure but subsidies won’t generally be challenged in court like the others. It’s just the way the game is played in the United States. I’m not saying it’s moral, I’m just saying that it’s the fastest way to get things done here.
Because the government wants to incentivize building more manufacturing domestically instead of internationally. This is how things work.
So make it a legal requirement that devices sold in the US have chips made locally or have an added tariff. It’s not hard to figure out alternative solutions, they just don’t want to use them because…
You know.
Sure but subsidies won’t generally be challenged in court like the others. It’s just the way the game is played in the United States.
I’m not saying it’s moral, I’m just saying that it’s the fastest way to get things done here.