• 0 Posts
  • 157 Comments
Joined 1 year ago
cake
Cake day: July 4th, 2023

help-circle
  • Wow, you totally misunderstood the whole issue?

    The point of China subsidizing their industry and their universities isn’t so that their people can “buy a new car every year or two” because they’re cheap.

    It’s because that way they progress their technology and manufacturing infrastructure so much that no one else can compete. They chase everyone else out of the market, while their companies pull in massive profits and keep the high paying jobs for their citizens.

    Well paid workers can buy their own housing without government assistance, but what happened to all those tax benefits the US gov handed out for EVs? They catapulted Musk’s wealth, while the workers are nowhere closer to affording an EV, or a home, or even healthcare.