Why would we subsidize putting something so “mission critical” in a state openly calling to secede?
A lot of it has to do with Texas having the Gulf of Mexico ports all along the coast. It’s a big reason petrochemical refining is so big in Texas. Another plus for Texas is it’s abundance of land they can either buy or imminent domain. Now don’t get me wrong I’m not a Texas supporter, but it’s just one of those location based decisions I’m sure.
Not to mention if your a business in Texas you usually only get slaps on the wrist when you poison the environment. Worker safety? Mostly dependent on company policy with the main focus just barely making OSHA compliance. If the fine is cheaper than compliance, a lot of companies just pay the fine if it happens.
Because they’ve been grumbling about that forever and it will never happen unless the US government just up and loses its military.
There will never be the political and populace buy in for something like that to ever end as more than a compound of political extremists getting wiped out by the national guard.
The majority of the people in the military would be fighting with Texas. Our military is about as right wing as you can get.
Because if they actually try they’ll be shot dead in the streets by hellfire drones. Texas doesn’t win against America. Especially not a gaggle of hicks who can’t even spell secede.
would be good if it were any where but texas!
Texas has a bunch of advantages for manufacturing. Lawmakers are willing to work with firms, land is inexpensive and available while at the same time having lots of available workers, taxes are less, electricity is fairly inexpensive, and there is a ton of barrier island protected coastline for shipping ports. America’s manufacturing rebuild cannot and will not happen in NY or CA, it is actively happening in places like TX due to such advantages.
Also, the land is stable. For something as precise as chip mfg, an area that won’t earthquake is nice.
In oil country, the land may be getting less stable. Korean Samsung (and planet Earth) vs Texan oil barons, I wonder who Texas will protect.
Taxpayer investment in private firms needs to come with dividends for taxpayers.
Growth in an industry drives tax growth, job growth, and wage growth. Furthermore initiatives like this one insulate the country from strategic holes. The US goverment and tax payers most certainly get dividends on investment.
Growth in an industry drives tax growth, job growth, and wage growth.
That’s some bullshit. These places will pay no taxes, create the most minimal of jobs, and pay next to nothing. Then, when their tax breaks run out, they pack up and move to the next tax break.
Furthermore initiatives like this one insulate the country from strategic holes. The US goverment and tax payers most certainly get dividends on investment.
Someone is profiting from this, but isn’t the taxpayers.
These places will pay no taxes, create the most minimal of jobs, and pay next to nothing.
You are talking about a clean room chip fab here. They employ highly skilled labor that is paid quite well.
Then, when their tax breaks run out, they pack up and move to the next tax break.
Chip fabs do not just ‘pack up and move’. They are horrendously expensive to build and run for decades. The whole place is a clean room for an idea of how difficult these things are to build. Here is a video of a tour of one of Intel’s chip fabs.
https://www.cnbc.com/2024/04/05/samsung-q1-2024-earnings-guidance-memory-chip-prices-rebound.html
Samsung expects first-quarter profit to soar 931%
