Taiwan’s largest semiconductor chip manufacturer, TSMC, has started construction on a
in Phoenix, Arizona, following a $40 billion dollar investment in two plants in the U.S., securing at least 4,500 jobs within its own facilities.to build a facility by 2030, promising to bring the state nearly 50,000 jobs, including 9,000 jobs at Micron.it would invest $7 billion in Michigan to build a battery plant and reinvest in existing car plants to begin production of EV vehicles by 2024, hoping to create 4,000 new jobs while retaining 1,000 existing ones.
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All this does is distort capital flows, retard capital formation and wealth creation. Any jobs 'created' will be at the expense of sustainable jobs lost somewhere else. Think about the unseen ramifications.
Take the money until green energy fails on its merits!
Highjacked Radical Left, the (feeble) emperor has NO clothes
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