this post was submitted on 31 Aug 2023
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[–] RaivoKulli@sopuli.xyz 6 points 1 year ago (1 children)

It's more like investment, especially if it saves jobs. It can be a win-win. Companies have it easier time switching to EV manufacturing, which helps those companies and the environment. Manufacturing jobs are saved, both giving a living to a lot of people and helping communities and saving on benefit payments.

Could of course backfire or go to shit but investments like this from states seem like a very wise move imo.

[–] DragonTypeWyvern@literature.cafe 4 points 1 year ago (1 children)

Take loan

Spend it on stock buybacks

Buy a senator or 50

Profit

[–] RaivoKulli@sopuli.xyz 2 points 1 year ago

I wouldn't exactly be surprised if that happens but I'm not pessimistic enough to think it will hah. I'd imagine plenty of them will actually use the money for EV transition since that really is the direction things are going anyway.