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subsidies are a great way to get an industry dependent on handouts. in the end, we all pay for it via higher taxes.
I'm not saying I have a solution to the problem, but I don't believe subsidies are the solution to this problem.
Which is Defense contracting in a nutshell. Are there good reasons why we want to manufacture fighter jets 'in house' ? A thousand time yes? Does the country pay 4-5 times more for those critical goods than if tey sourced them on the global open market? Definitely yes. The Department of Defense is the greatest make work project America has ever seen. It also props up a lot of US manufacturing in many ways.
Other industries lack the compelling national security reasons fo overpaying for goods.
Anybody that's been to China before knows that America cannot compete with them anymore in terms of manufacturing. You want stuff designed, built, and shipped they do it all. Here in US, you can't even begin to start the process and you gotta deal with tons of paper work approvals and training people to sourcing your materials then piecing it all together you ended up just taking the idea back to China and have a factory owner build your design and deliver it to you in a container.
You see how many duplicate similar items on Amazon? Americans simply go order products from China and have them print a logo on the finished product and ship it here to sell on Amazon. Nobody makes stuff here anymore because we don't have the supply chain, logistics, material, and labor to go toe to toe against China.
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