$52B Chipmaking Plan Is Racing Toward Failure(bloomberg.com)
bloomberg.com
$52B Chipmaking Plan Is Racing Toward Failure
https://www.bloomberg.com/opinion/articles/2023-03-28/chips-act-funding-isn-t-what-us-semiconductor-manufacturers-need
11 comments
https://archive.md/RpUBs
Curiously absent from the article is any mention of how the democratic choices of Ohioans may have driven away potential talent at the new Intel plant. They may struggle to recruit top talent because top talent wouldn't want to live in an area with what they perceive as idiotic yokels as neighbors (who have more votes).
I refuse to believe that that "idiotic yokels" in Ohio are somehow more idiotic and yokely than the ones in Arizona and Texas.
Good to know that “affordable, accessible, reliable and high-quality child care,”
Is the reason that the $52bn is going to fail. Oh, and of course those pesky environmental laws.
“One can debate the merits of any of these objectives. But larding already-uncompetitive businesses with crippling new costs to advance completely unrelated social goals is simply at odds with the stated purpose of this law.”
>Clean Air Act permits can take 18 months. National Environmental Policy Act reviews take an average of four and a half years.
I mean, this seems like a point simply made. As someone who has dealt with government bureaucracy WRT developing something, it is indeed a massive disincentive towards building. Maybe that's the whole point, but it seems like government is working against itself here by providing simultaneous incentives and disincentives.
I mean, this seems like a point simply made. As someone who has dealt with government bureaucracy WRT developing something, it is indeed a massive disincentive towards building. Maybe that's the whole point, but it seems like government is working against itself here by providing simultaneous incentives and disincentives.
It's Bloomberg. What else would you expect?
Do you think taking almost 5 years to approve environmental permits is a reasonable amount of time?
Every other sentence made me think “citation needed.”