Stupid Industrial Policy: Intel, Bailouts, and the Chips Act Mirage

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A fiery takedown of Washington’s latest “public-private partnership,” where taxpayer dollars flow into Intel under the guise of investment. From Trump-era deals to Biden’s subsidies, this episode dissects how Republicans and Democrats alike signed off on the CHIPS Act, making Intel effectively too big to fail. With echoes of past bailouts, government’s inability to pick winners and losers, and the dangers of throwing good money after bad, this is a no-holds-barred critique of America’s misguided industrial policy.