And this is why I think politicians should not be picked from the richest among us who have an incredible vested interest in policy.
While I understand your sentiment, I'd argue that poor people have more to gain from using the levers of government power to their benefit than rich people do. Some of the most notorious abusers of political power came from very humble backgrounds.
Why do you keep ducking my question? I've asked you 3 times now.
And Tesla was in trouble in 2010 just like every automaker after the 2008 recession started.
Someone should change their name to Musky Head. "Rivian Head" is just false advertising.
Tesla sold 400 Roadsters in 2010. That's it.
Being a "trailblazer" makes it more risky, not less
Like many things you post, this statement clearly illustrates that you know nothing about the national debt and what is driving It. Hint - it’s not defaults on loans to start ups. Not. Even .Close.
Again, who is "most people here"? Now you're just making stuff up. But thank you for exposing yourself as a Rivian hater. Why are you even on this forum? ?
We're 36 Trillion in debt due to helping an innovative American company in a strategically important industry finance a manufacturing plant that will create thousands of jobs and also be repaid with interest?
The Chinese subsidize businesses and sectors critical to the nation's economic success and conquering foreign markets. For them, it is a matter of national security, and it works. in the 70s and 80s, this strategy eviscerated US goods from Target and Walmart--they are still nowhere to be seen on the US retail scene. Now China is coming after semiconductors, the US auto industry, and solar.
Same way South Korea subsidize their industries, as part of their greater national economic and security policy. It's “OMG BAD!" when China does it simply because they are a socialist state and an adversary, with history of a hot proxy war against the US (Korean War, a war that never really ended). US foreign & trade policy is rife with double standards.
