Ernie S.
Diamond Member
I can appreciate where you are coming from, but I see government subsidies of corporations maybe a bit different.
Certain sectors of corporate America are essential for our economic and military security. I see justification for incentives to energy producers to develop new sources in developed, mature technologies. I don't see justification for subsidizing alternative energy ideas that haven't proven their viability.
The billions we have spent on electric automobile R&D would have been better spent on public sector infrastructure and tax breaks across the board.
The next energy source, I mean the one that will replace petroleum, will make the people that develop it rich beyond the Rockefellers and Gettys wildest dreams and create trillions in new wealth.
Once, but not until, the technology is mature and proven viable, the government can perhaps invest, maybe in distribution with the taxes it collects on all that new wealth.
Certain sectors of corporate America are essential for our economic and military security. I see justification for incentives to energy producers to develop new sources in developed, mature technologies. I don't see justification for subsidizing alternative energy ideas that haven't proven their viability.
The billions we have spent on electric automobile R&D would have been better spent on public sector infrastructure and tax breaks across the board.
The next energy source, I mean the one that will replace petroleum, will make the people that develop it rich beyond the Rockefellers and Gettys wildest dreams and create trillions in new wealth.
Once, but not until, the technology is mature and proven viable, the government can perhaps invest, maybe in distribution with the taxes it collects on all that new wealth.