Reply to post: Subsidies are "necessary" ?

Hey Joe, those US CHIPS funds still coming? We kinda need them, says Micron

Pascal Monett Silver badge

Subsidies are "necessary" ?

So you're basically saying that your company does not have the funding required to do it alone ?

Why should you get subsidies then ? You're already a multi-billion dollar business.

Subsidies are made for small companies that need some help surviving bad times, or agriculture which simply cannot sell at cost because supermarkets are always pushing prices to the bare minimum to maximize their margins.

Subsidies should literally be forbidden for companies that are over a billion dollars in capital.

It's called capitalism. If you can't make it on your own, you don't make it.

Well, that's the theory, anyway. In practice, it depends a lot on who you know, and who you can put pressure on . . .

In any case, funnily enough, I never hear complaints about government intervention when it's question of handouts.

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