You will be paying them billions yearly forever to not close it down while they rake all the profits.
I understand that semiconductors are effectively the biggest strategic manufacturing product as we enter the AI age. Relying on a part of the world where China will dominate isn't a good idea but if Samsung wanted to manufacture in a more stable part of the world they wouldn't need incentives to do it.
This isn't like trying to prop up struggling American industries to save jobs. This is just funnelling American tax payer's money to one of the richest and most profitable companies on the planet.
Let's not pretend it's about creating American jobs. They'll be kept to an absolute minimum. It's about trying to mitigate China potentially invading Taiwan. It's about not having another bottleneck in chip manufacturing like during Covid. It's about ensuring American companies like Nvidia continue to dominate AI hardware.
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Everything you said, and I'll add there is no way is hfil that China can be greedier than US companies.
I almost wish they could actually break the "rules based order", maybe we'd all be able to afford the costs of living.
__________________ What CDTM believes;
Never let anyone else define you. Don't be a jerk just to be a jerk, but if you are expressing your true inner feelings and beliefs, or at least trying to express that inner child, and everyone gets pissed off about it, never NEVER apologize for it. Let them think what they want, let them define you in their narrow little minds while they suppress every last piece of them just to keep a friend that never liked them for themselves in the first place.
The 6.4billion is over a long period. The majority of the funding is from private investors.
The jobs listed are not massive, but large enough. 17k construction, which will dry up once the project is done and 4.5k in manufacturing once the plants are up and running.
The jobs being the cause or a side-effect is largely irrelevant when the outcome is US jobs being created. As for the rest, absolutely, Taiwan makes 50%+ of chips right now, that's too dangerous with China looking on like a lecherous pedo.
Your Lord knows very well what is in your heart. Your soul suffices this day as a reckoner against you. I need no witnesses. You do not listen to your soul, but listen instead to your anger and your rage.
They have been, but the Russian Ruble's are still keeping the main core together. As two Republican congressmen recently said, 'Russian propaganda is being repeated by Republicans on the chamber floor'.