what a crock of shit! no. none of this money will be spent wisely. these companies are requiring the government to subsidize their profits without having to spend their own money. the promise of jobs is all fluff. billions to buffalo didnt send even one billion to buffalo and certainly didnt improve any lives in that region. as someone who lives here, I wish I could trust these people but the reality is that the state is so corrupt and US government is on the same level, where all the money will be forced out of the people and nothing will be delivered.
You are right when it comes to subsidies in general.
Recent moves and voices send a clear signal across the world - US is not a reliable security guarantee partner. CHIPS subsidies is a hedge against China taking over Taiwan. US is building onshore capacity to be able to renege on defense promises given to Taiwan at minimum cost. I would be very worried if I was in Taiwan. Im already worried as it is living in Europe and learning article 5 might just be a mere suggestion to US.
the 3.1 billion could be spent on Education, Libraries, Updating Infrastructure that is destroyed by harsh winters, investing in restoration of natural resources, helping the failing farmers, updating rail and lake/river deliveries. But no. we should def give it to people that will spend exactly 1% pretending to develop a factory and claim the rest for themselves because they encountered problems.
