Normally, I’d complain a lot about this... and I probably should still complain that the free market should have solved this problem a long time ago (rabble, rabble).
That said, there’s 2 competing thoughts overriding that knee-jerk reaction:
1. We’re almost certainly at a ‘national security implications’ point where chop production is concerned.
2. Given that (and the influences involving this administration), I’m not at all certain that Taiwan is the place to be investing.
So in effect GF is a taxpayer owned production plant with no benefit to the funding source, the taxpayers.
WE are the (neo) Marxists now
Our 21st century, post-modern, woke ideologue, central-planning leaders destroy private industry through 10,000 bad tax, education, environmental, energy, trade and social policies.
But when one area of long-term destruction turns into a political crisis, they shower printed money down upon the top cronies in the industry.
So what’s the kickback to dems on this deal?
Intel is among the wokest of the woke, so it wouldn’t surprise me to see them getting bailed out.