Just because nobody worth a crap runs doesn’t mean bad ideas are suddenly good. The government taking a stake in ANY company is a bad idea. When that company is on the way down it’s worse.
The conservative approach is leave it alone. Let companies succeed and fail on their own merit. And understand that failure provides opportunities. If Intel went under that would create a market opportunity. Factories in America would be available for cheap, and market would be available for up and coming companies. Protecting failing companies stifles competition and eliminates opportunities.
“If Intel went under that would create a market opportunity. “
For China and Taiwan ...
The only question I have is, is it critical for National Security?
The conservative approach is leave it alone. Let companies succeed and fail on their own merit.And if the "companies" (especially one that deals in top secret products for the US military) decide to accept another country's investment money will conservatives still want to "leave it alone"?
“The conservative approach is leave it alone. Let companies succeed and fail on their own merit.”
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So do nothing.
Well, there’s a ton we can do. We’re in a serious predicament and some, including myself, believe we have a national security emergency regarding chipmaking.
We need to develop talent/skill here in chipmaking and we need it yesterday. Taiwan and China, aren’t they just a bit too close to the same for us to put our trust in Taiwan much longer?
We need to invest massive amounts of effort and money in research and development, education, regulation reduction, intellectual property governance, national security guidelines, domestic supply chain creation and management, etc. Some of that is not going to look very conservative in the beginning, since it is an emergency. Once established and functioning, we could be be leaders in chip development and production in the world. We have to catch up to and surpass our enemies.