Quote:
Originally Posted by CaptainCrunch
Just choosing an entire segment with the name clean attached to it for a ton of subsidies doesn't fill me with security of the revenues that will ever come in from the clean energy segment. Also the disturbing thing is if a company wants to take advantage of these green subsidies they have to pay the prevailing union wages. So the subsidies will go to labor costs more then emissions reduction. And who in the application process decides on the wages?
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There are times when programs have to proceed without a guaranteed payback due to the unknown or complicated nature of the topic. This is especially true in futuristic tech adventures, like investing in AI would have been years ago.
At least they are moving away from the “trickle down” / supply side economic theories and moving towards the demand side economic thinking - make sure people have money to spend and they assuredly will. Might not always be on things you want them to (ie: TVs vs Food) but it all feeds the economy, creates jobs, creates demand for businesses to fill, etc. No guarantees, but much better for the lower / middle class than tax cuts going into upper class investors pockets.