Why should tax dollars be sent to a private company without anything but a promise in exchange? The promise of "jobs" isn't enough, as evidenced by just about every single other time that these programs (including the tax cuts) happen. Further, how are we going to hold these companies accountable for their promise? What comes to mind immediately is when we gave telecoms a bunch of wire up rural America, and they purchased and consolidated the cell providers instead.
If we just write them a check, they'll do whatever they want with it. They need to be held accountable, and ownership percentage is a way to do that.
Alternatively, the gov could take this money, start up a corporation of their own, and make their own fab. The language in part of this bill is that they are trying to ensure that older tech and DoD stuff is made in house. So let's make it in house.
We don't necessarily need to say "we're buying intel or nvidia", but we can make the money available to any company in exchange for the ownership percentage. That eliminates the "playing favorites" issue, I would think.
If we just write them a check, they'll do whatever they want with it. They need to be held accountable, and ownership percentage is a way to do that.
Alternatively, the gov could take this money, start up a corporation of their own, and make their own fab. The language in part of this bill is that they are trying to ensure that older tech and DoD stuff is made in house. So let's make it in house.
We don't necessarily need to say "we're buying intel or nvidia", but we can make the money available to any company in exchange for the ownership percentage. That eliminates the "playing favorites" issue, I would think.