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Blatant, wasteful spending to buy votes is crushing all sectors including tech. Our current administration has no clue. Buying votes instead of leveraging tech to create new markets and new wealth is the path to disaster. The federal reserve cannot limit the damage of a leadership that has started the bonfire of inflation to buy votes that is hurting the tech sector. Economic growth is critical to the nation's well being and the tech sector hold the most promise to leverage resources and increase economic efficiency at the same time.
Tech is key and this administration is not making best use of it. The chips act giving money to Intel is not the best use of it. Samsung, TSM, and Micron are all success stories and should receive a portion of the funds if they are made available in return for stock. Sometimes economics, tech and politics cannot be separated. All funds, should give the tax payer stock in return for funds. This will the only way all parties get a fair deal. This is very relevant and current.
