Sometimes it is unfair but we can’t rely on businesses to invest in R&D all the times while the Chinese government pumps billions into wind powered technology and solar.
[quote=joec]The main problem with governments picking winners and losers is the game isn’t fair already. As you’ve probably seen, T. Boone Pickens has invested insanely in things such as wind power and has been buying up wind farms, technologies, lobbying/influencing governments to force them to use more wind, etc…by passing laws.
I don’t think helping a multi-billionaire with stimulus that he is lobbying and banking on to make himself even more wealthy sounds right.
It’s one thing for the Tesla CEO to use his own funds and near bankrupt himself to do something new, but some billionaire trying to buy up something, then influence our governments to pass laws and stimulus for just 1 sector isn’t a good thing.
The main point is that a lot of this is extremely complex and there is no black/white answer.[/quote]
